§ 37-44-119 — Apportionment of levy

(1) On or before July 1 in each year, the
board of directors shall determine the amount of money required to meet the
current expenses of the district for the coming year, including the cost of
construction, maintenance, including maintenance of drainage works, operating
expenses, and any deficiencies in the payment of expenses already incurred, and
bond interest unpaid, and also the amount of bonded indebtedness and the
principal or interest which will fall due during the coming year and, by resolution,
shall order such an amount of money to be raised by special assessment upon the
lands of the district as may be necessary to raise the sum of money so determined,
and such amount shall be apportioned among the several tracts in the name of the
owner, when known, according to the acreage of each at its figure or classification
on the graduated scale so that each tract may bear its equal burden proportionate
to benefits.

(2) The secretary of the district shall make out a special assessment roll,
hereinafter designated assessment list, setting down in opposite columns the
owners, names when known, and when unknown stating unknown, a description of
the land, and the number denoting the classification of the assessment, which is
current expenses and which is bonded indebtedness and interest thereon in
separate columns.

Legislative History

Source: L. 35: p. 959, � 5. CSA: C. 138, � 33. CRS 53: � 149-5-17. C.R.S. 1963: � 154-4-17.