48-1211. Fees, rentals and service charges;
reserve fund
A. The board of directors may charge and collect fees, rentals and service charges
for any service performed or property furnished by the district. Revenue derived from
such sources shall be paid into the maintenance and operating fund of the district
established pursuant to section 48-1210, subsection E or to the reserve fund established
pursuant to subsection B of this section.
B. The proceedings for the collection of a tax levy under section 48-1210 may
provide for the establishment of a reserve fund in an amount found by the board of
directors to be sufficient to secure payment of all potential maintenance and operating
costs if the regular tax levy fails to collect sufficient monies to fund ordinary
maintenance and operating costs for the district. The reserve fund may be funded from
either excess revenues from the regular tax levy or from fees, rentals and service
charges collected pursuant to this section.
C. Whenever the regular tax levy generates revenues insufficient to meet actual
maintenance and regulated operating costs for the district in any fiscal year, the
reserve fund shall be exhausted before making an emergency assessment levy on the real
property located in the district.
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