Wyoming § 15-7-109 Limitations on indebtedness; exceptions

Wyoming Statutes

§ 15-7-109 — Limitations on indebtedness; exceptions

Wyoming § 15-7-109

Title 15Cities and Towns

Ch. 7PUBLIC IMPROVEMENTS

Art. 1IN GENERAL

This text of Wyoming § 15-7-109 (Limitations on indebtedness; exceptions) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 15-7-109 (2026).

Text

No debt in excess of the taxes for the current year may be
created by any city or town, except local improvements as
provided by law, unless the proposition to create the debt is
approved by a vote of the people. No city or town may create any
indebtedness exceeding four percent (4%) of the assessed
valuation of the taxable property except an additional
indebtedness not exceeding four percent (4%) of the assessed
valuation of the property may be created to build and construct
sewerage systems. This limitation does not apply to the
construction, establishing, extending and maintaining of water
works and supplying water for the use of the city or town and
its inhabitants.

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No debt in excess of the taxes for the current year may be
created by any city or town, except local improvements as
provided by law, unless the proposition to create the debt is
approved by a vote of the people. No city or town may create any
indebtedness exceeding four percent (4%) of the assessed
valuation of the taxable property except an additional
indebtedness not exceeding four percent (4%) of the assessed
valuation of the property may be created to build and construct
sewerage systems. This limitation does not apply to the
construction, establishing, extending and maintaining of water
works and supplying water for the use of the city or town and
its inhabitants.