48-2704. Computation of tax rate; levy
A. The board of supervisors of each county in which a district or any part thereof
is located shall annually, at the time of levying county taxes, levy a tax to be known as
the "(name of district) drainage district tax" sufficient to raise the amount reported to
the board in the estimate by the board of directors.
B. If the board of directors fails, neglects or refuses for any reason to report an
amount sufficient to provide for the interest and redemption of all bonds issued by the
district, as shown by the judgment rendered in the action to determine the validity of
the bonds of the district provided for in section 48-2752, excepting bonds that have been
duly and legally destroyed or cancelled under the provisions of this chapter, the board
of supervisors shall levy an amount sufficient to provide for the interest and redemption
of the bonds. If the bonds have been refunded under the provisions of article 8 of this
chapter, the tax shall be sufficient to provide for the interest and redemption of the
refunding bonds. Recording the judgment rendered in the action provided for in section
48-2752 in the office of the county recorder shall be legal notice to the board of
supervisors of the issuance of bonds as therein described, but shall not be the exclusive
means of notice.
C. The board of supervisors shall determine the rate of tax by deducting fifteen
per cent for anticipated delinquencies from the total assessed value of the real property
included within the district within the county as it appears on the assessment rolls of
the county, and dividing the amount necessary to be raised under this section by the
remainder of the total assessed value.
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