10-5-111 - Basis for property tax levy.
10-5-111. Basis for property tax levy.
From the effective date of the budget or of any amendment enacted prior to the date onwhich property taxes are levied, the amount stated therein as the amount of estimated revenuefrom property taxes shall constitute the basis for determining the property tax levy to be set by thecouncil for the corresponding tax year, subject to the applicable limitations imposed by law.
Enacted by Chapter 34, 1983 General Session