15-994. State equalization assistance property
tax levy
A. The board of supervisors of each county shall annually, at the time of levying
other taxes, levy a state equalization assistance property tax on the property within the
county. The tax levy for state equalization assistance shall be at a rate determined
pursuant to section 41-1276. The tax levy provided for in this section shall not be
subject to title 42, chapter 17, articles 2 and 3. Except as provided in section 15-365,
the county treasurer shall apportion all monies collected from the state equalization
assistance property tax levy to the school districts within the county in accordance with
section 15-971, subsection C at the same time as other tax levy monies are apportioned as
provided in section 42-18001.
B. At the same time the county assessor is required to transmit values to the
county school superintendent as provided in section 42-17052, the assessor of each county
shall provide in electronic format to the superintendent of public instruction the
assessed valuation used for determining the primary property tax rate and the secondary
property tax rate for each school district in the county. On or before January 15 the
county assessor of each county shall provide in electronic format to the superintendent
of public instruction the actual assessed valuation used for determining the primary
property tax rate and the secondary property tax rate for each school district in the
county including any revisions made due to changes in the valuation of personal property
after the tax rates were determined.
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