(A) The governing body has decided to certify to the County Clerk for collection one all-purpose levy required to be raised by taxation for all municipal 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 municipality.
(B) The amount of the all-purpose levy shall be certified as a single amount for General Fund purposes. The governing body shall allocate the amount raised by the all-purpose levy to the several departments of the municipality in its annual budget and appropriation ordinance, or in other legal manner, as the governing body deems wisest and best.
(C) The municipality 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 municipality may be made by the municipality in addition to the all-purpose levy.
(Prior Code, § 1-807) (Ord. 98-17, passed 10-5-1998)
Statutory reference:
Related provisions, see Neb. RS 19-1309 through 19-1312