12-803b. Street-railway or bus system; tax levy, use of proceeds.
12-803b
12-803b. Street-railway or bus system; tax levy, use of proceeds.
The governing body in any city operating a street-railway system or bus
system shall levy annually at the time when other taxes are levied a
sufficient tax to pay for the necessary costs and expenses of operating
said system and for the purchasing of necessary equipment and
improvements therefor only in the event the revenue and income derived
from such system are insufficient for such purposes and to pay a portion
of the principal and interest on bonds issued by such city under the authority
of K.S.A. 12-1774, and amendments thereto. Such levies as are
authorized herein shall be in addition to all other levies authorized or
limited by law.
History: L. 1953, ch. 73, § 2; L. 1979, ch. 52, § 35; July 1.