§ 23-30-07 — Tax levy authorized - Financial report

The board of directors shall annually estimate the probable expense for operating the
hospital district. The estimate must be certified by the president and secretary to the proper
county auditor or county auditors, on or before June thirtieth of each year. In the year for which
the levy is sought, the board of directors of a hospital district seeking approval of a property tax
levy under this chapter must file with the county auditor of each county within the hospital
district, at a time and in a format prescribed by the county auditors, a financial report for the
preceding calendar year showing the ending balances of each fund held by the hospital district
during that year. The auditor or auditors may levy a tax not exceeding the limitation in section
57-15-26.4 for the maintenance of the district for the fiscal year as provided by law. The tax
must be:
1. Collected as other taxes are collected in the county.
2. Turned over to the secretary-treasurer of the district, who must have a surety bond set
by the board of directors in the amount of at least five thousand dollars.
3. Placed to the credit of the district authorizing it by its secretary-treasurer in a state or
national bank qualifying as a public depository.
4. Paid out upon warrants drawn upon the fund by authority of the board of directors of
the district, bearing the signature of the secretary-treasurer and the countersignature
of the president of the district.
The amount of the tax levy may not exceed the amount of funds required to defray the
expenses of the district for a period of one year as embraced in the annual estimate of expense
including the amount of principal and interest upon the indebtedness of the district for the
ensuing year.
Voter-approved levy authority under this section or section 23-18-01 authorized by electors
of a county before January 1, 2015, remains in effect through taxable year 2024 or for the time
period authorized by the electors, whichever expires first. After January 1, 2015, approval or
reauthorization by electors of voter-approved levy authority under this section may not be
effective for more than ten taxable years.