South Dakota § 5-11-2 Computation of value of school lands in county and addition to tax base--Restricted purpose of addition to tax base.

South Dakota Statutes

§ 5-11-2 — Computation of value of school lands in county and addition to tax base--Restricted purpose of addition to tax base.

South Dakota § 5-11-2

Title 5PUBLIC PROPERTY, PURCHASES AND CONTRACTS

Ch. 5-11PAYMENTS IN LIEU OF TAXES ON STATE LANDS

This text of South Dakota § 5-11-2 (Computation of value of school lands in county and addition to tax base--Restricted purpose of addition to tax base.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 5-11-2 (2026).

Text

The county auditor of each county having within its boundaries school and endowment lands shall ascertain the average assessed valuation per acre of all taxable agricultural lands within the county, after the assessment of such lands have been finally equalized by the boards of equalization and shall multiply such average assessed valuation by the number of acres of school and endowment lands and the resultant figure shall be added to the assessed valuation of such county to arrive at the rate of tax levy in mills for the county. Provided, however, that the amount ascertained by the county auditor as representing the value of school and endowment lands shall not be included or considered in determining the assessed value of any county or school district for any purpose whatsoever, except a

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

The county auditor of each county having within its boundaries school and endowment lands shall ascertain the average assessed valuation per acre of all taxable agricultural lands within the county, after the assessment of such lands have been finally equalized by the boards of equalization and shall multiply such average assessed valuation by the number of acres of school and endowment lands and the resultant figure shall be added to the assessed valuation of such county to arrive at the rate of tax levy in mills for the county. Provided, however, that the amount ascertained by the county auditor as representing the value of school and endowment lands shall not be included or considered in determining the assessed value of any county or school district for any purpose whatsoever, except as herein expressly provided in establishing rates of levy.