48-1914. Budget
A. Annually, not later than July 15, the board of directors shall furnish to the
board of supervisors of the county in which the district or any part thereof is located a
report of the operation of the district for the past year together with an estimate in
writing of the amount of money needed to be raised by taxation for all purposes required
or authorized by this article during the next fiscal year.
B. The board of supervisors of each county where a district or part thereof is
located shall thereupon levy upon the taxable property of the district a tax which will,
together with other funds on hand or which will accrue during the ensuing fiscal year,
exclusive of reserves, provide sufficient funds to meet the financial needs of the
district as provided under subsection A. The tax shall be computed, entered upon the tax
rolls and collected in the same manner as other secondary property taxes in the
respective county or counties in which the district or part thereof is located. Monies
collected on behalf of the district shall be remitted promptly to and shall be handled by
the county treasurer of the organizing county as other special district funds are
handled. The district shall be governed by the budget limitation laws of the state.
C. If a district lies in more than one county, the total budget estimate shall be
divided by the board of directors in proportion to the value of the real property
included within the district in each county, such value to be determined from the
equalized values of the last assessment rolls of the counties. When such division of the
estimate has been made the directors shall furnish the boards of supervisors of the
respective counties a written statement of that part of the estimates apportioned to each
county.
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