Alabama § 45-55A-102 Ad Valorem Tax for Educational Purposes

Alabama Statutes

§ 45-55A-102 — Ad Valorem Tax for Educational Purposes

Alabama·Title 45 Local Laws·Ch. 55A Pike County Municipalities·Art. 10 Troy·Part 3 Taxation

(a)Pursuant to subsection (f) of Amendment 373 to the Constitution of Alabama of 1901, the Troy City Council may levy, in addition to any other tax, an ad valorem tax in the amount of 12 mills on each dollar of taxable property within the corporate limits of the city. The revenue from the additional tax shall be used for general education purposes.

(b)The increase in the rate of the tax provided by this section is subject to the approval of a majority of the qualified electors of the city who vote on the proposed increase at a special election held for that purpose. The city council shall call the special election on the date set by the school board.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Pursuant to subsection (f) of Amendment 373 to the Constitution of Alabama of 1901, the Troy City Council may levy, in addition to any other tax, an ad valorem tax in the amount of 12 mills on each dollar of taxable property within the corporate limits of the city. The revenue from the additional tax shall be used for general education purposes.
(b)
The increase in the rate of the tax provided by this section is subject to the approval of a majority of the qualified electors of the city who vote on the proposed
increase
at
a
special
election
held
for
that
purpose.
The
city
council shall call the special election on the date set by the school board.

Alabama § 45-55A-102 (Ad Valorem Tax for Educational Purposes) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.