(A) (1) Notwithstanding provisions in the statutes of the state and this code to the contrary, for any fiscal year the Board of Trustees may decide to certify to the County Clerk for collection one all-purpose levy required to be raised by taxation for all village purposes instead of certifying a schedule of levies for specific purposes added together.
(2) Subject to the limits herein, the all-purpose levy shall not exceed an annual levy of $1.05 on each $100 upon the taxable valuation of all the taxable property in the village.
(3) Otherwise authorized extraordinary levies to service and pay bonded indebtedness of the village may be made by the village in addition to such all-purpose levy.
(Neb. RS 19-1309) (1995 Code, § 1-807)
(B) If the method provided in division (A) above is followed in village financing, the village shall allocate the amount so raised to the several departments of the village in its annual budget and appropriation ordinance, or in other legal manner, as the Board of Trustees deems wisest and best.
(Neb. RS 19-1310) (1995 Code, § 1-808)
(C) If the village elects to follow the method provided in division (A) above, it shall be bound by that election during the ensuing fiscal year, but may abandon such method in succeeding fiscal years.
(Neb. RS 19-1311) (1995 Code, § 1-809)
(D) If it is necessary to certify the amount to county officers for collection, the same shall be certified as a single amount for General Fund purposes.
(Neb. RS 19-1312) (1995 Code, § 1-810)