Any revenue received in excess of the amount received if the rate of tax is 1% may be used only for capital improvement (definition of "capital” to include the accounting definition of capital item, currently being an item over $5,000), land acquisition, the funding of public ambulances and medical emergency response vehicles, nonprofit hospitals with 50 or fewer licensed beds and other public care facilities or nonprofit health care facilities with 50 or fewer licensed beds, transfer to the special 911 fund authorized by SDCL § 34-45-12, purchasing firefighting vehicles and equipment, vehicles, items on the most recently adopted capital improvement plan, debt retirement, major building repair projects (roof repair and the like), capital project planning, feasibility studies and the minor rehabilitation, major rehabilitation, construction, or reconstruction of streets.
(Ord. 1117, passed 7-21-2003; Am. Ord. 1387, passed 9-17-2018; Am. Ord. 1467, passed 7-18-2022)