North Dakota § 15.1-09-49 Board of education of city of Fargo - Taxes for buildings

North Dakota Statutes

§ 15.1-09-49 — Board of education of city of Fargo - Taxes for buildings

North Dakota·Title 15.1 Elementary and Secondary Education·Ch. 15.1-09 School Boards

The amount to be raised for teacher salaries and contingent expenses must be such only as
together with the public money coming to the city from any source is sufficient to establish and
maintain efficient and proper schools for students in the city. The tax for purchasing, leasing, or
improving sites and the building, purchasing, leasing, enlarging, altering, and repairing of
schools may not exceed in any one year fifteen mills on the taxable valuation of property in the
school district. The board of education may borrow, and when necessary shall borrow, in
anticipation of the taxes to be raised, levied, and collected.

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The amount to be raised for teacher salaries and contingent expenses must be such only as
together with the public money coming to the city from any source is sufficient to establish and
maintain efficient and proper schools for students in the city. The tax for purchasing, leasing, or
improving sites and the building, purchasing, leasing, enlarging, altering, and repairing of
schools may not exceed in any one year fifteen mills on the taxable valuation of property in the
school district. The board of education may borrow, and when necessary shall borrow, in
anticipation of the taxes to be raised, levied, and collected.

North Dakota § 15.1-09-49 (Board of education of city of Fargo - Taxes for buildings) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.