10-6-120 - Property tax levy -- Amount in budget as basis for determining.
10-6-120. Property tax levy -- Amount in budget as basis for determining.
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 thegoverning body for the corresponding tax year, subject to the applicable limitations imposed bylaw.
Enacted by Chapter 26, 1979 General Session