(A) The City Council has decided to certify to the County Clerk for collection one all-purpose levy required to be raised by taxation for all city purposes instead of certifying a schedule of levies for specific purposes added together. Subject to the limits in Neb. RS 77-3442, the all-purpose levy shall not exceed the annual levy specified in Neb. RS 19-1309 to be levied upon the taxable valuation of all taxable property in the city.
(B) The amount of the all-purpose levy shall be certified as a single amount for General Fund purposes. The City Council shall allocate the amount raised by the all-purpose levy to the several departments of the city in its annual budget and appropriation ordinance or in other legal manner, as the City Council deems wisest and best.
(C) The city shall be bound by its election to follow the all-purpose levy method during the ensuing fiscal year, but may abandon such method in succeeding fiscal years.
(D) Otherwise authorized extraordinary levies to service and pay bonded indebtedness of the city may be made by the city in addition to the all-purpose levy.
(Prior Code, § 1-824)
Statutory reference:
Related provisions, see Neb. RS 19-1309 through 19-1312