13-799. Same; disbursement of unexpended moneys of fire district from which territory is detached.
13-799
13-799. Same; disbursement of unexpended moneys of fire district from
which territory is detached.
In any fire district from which a portion of its area
within the corporate limits of the city is detached hereunder, such
portion of the unexpended moneys in the treasury or in the reserve funds of
such fire district at the time of detachment, and such portion of all
moneys to be disbursed to such fire district during the remainder of the
fiscal year in which detachment occurs, shall be transferred to the city
for the provision of fire protection services in the proportion that the
assessed valuation of taxable tangible property of the detached area of such fire
district bears to the total assessed valuation of taxable tangible property
of the fire district.
History: L. 1985, ch. 66, § 4; July 1.