Idaho Statutes
§ 50-236 — CAPITAL IMPROVEMENT FUND LEVY — LIMITATIONS
Cities are hereby empowered to establish a "Capital Improvements Fund", by ordinance, and levy a special tax not to exceed in the aggregate four-hundredths per cent (.04%) of market value for assessment purposes in any one (1) year. Said fund shall never exceed in the aggregate four-tenths per cent (.4%) of the market value for assessment purposes of the city. Such funds shall not be subject to the provisions of section 50-1014, Idaho Code. Said ordinance shall identify the specific purpose for which the capital improvements fund shall be used.
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Idaho § 50-236 (CAPITAL IMPROVEMENT FUND LEVY — LIMITATIONS) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
[50-236, added 1967, ch. 429, sec. 43, p. 1249; am. 1980, ch. 350, sec. 21, p. 906.]
Nearby Sections
15
§ 50-1001
FISCAL YEAR§ 50-1002
ANNUAL BUDGET§ 50-1005A
ACCUMULATION OF FUND BALANCES§ 50-101
INCORPORATION§ 50-1013
DEPOSIT AND INVESTMENT OF FUNDS§ 50-1014
TRANSFER OF FUNDS