15-1402. Community college districts;
requirements
A. Community college districts may be organized under the provisions of this
chapter for a single county, two or more contiguous counties or an existing community
college district and contiguous counties not part of any community college district if
the proposed district has a primary assessed valuation, based on the valuation for the
preceding year, of at least four hundred forty-eight million, seventeen thousand, two
hundred dollars and a minimum population of forty thousand persons who are fifteen or
more years of age, as determined by the most recent federal census.
B. Beginning with fiscal year 1993-1994, the minimum primary assessed valuation
required to organize a community college district as provided in subsection A increases
each year by the percentage change in total primary assessed valuation for all of the
districts with a population of less than five hundred thousand persons according to the
most recent United States decennial census using actual primary assessed valuation
numbers from the prior two years.
|