Title 3 - Revenue and Finance

3.20 Special Improvement Fund1

  1. 1.
    For statutory authority providing for the "General Improvement and Assessment Law," see K.S.A. Chapter 12, Article 6a; for the provision authorizing the creation of a "special improvement fund" in the City treasury, see K.S.A. 12-6a13.

 

3.20.020 Annual Levy - Limits of fund.

An annual levy of not to exceed one mill on the assessed taxable tangible property of the City may be made for the purposes of such fund: Provided, that such fund shall not exceed one percent of the total assessed tangible valuation of the City for the preceding year or one hundred thousand dollars, whichever amount is less.

(History: Ord. SIF-259 §2, 64)

Effective on: 1/1/1901