19-2653.   Same; tax levies to pay warrants; surplusfunds.Whenever no-fund warrants are issued under the authority provided bythis act, the board of county commissioners shall make a tax levy at thefirst tax levying period after such warrants are issued, sufficient topay such warrants and the interest thereon, except thatin lieu of making only one tax levy, such board of county commissioners, if itdeems it advisable, may make a tax levy each year for not to exceed fiveyears in approximately equal installments for the purposeof paying said warrants and the interest thereon. All such tax levies shall bein addition to all other levies authorized or limited by law and shall notbe subject to the aggregate tax levy prescribed by K.S.A. 79-1947, andamendments thereto. Such warrants shall be issued,registered, redeemed and bear interest in the manner and in the form prescribedbyK.S.A. 79-2940, and amendments thereto, except they shall notbear the notation required by such section and may beissued without the approval of the state court of taxappeals. Any surplus existing after the redemption of such warrants shall behandled in the manner prescribed by K.S.A.79-2940, and amendments thereto. None of the provisions of the cashbasis and budget laws of this state shall apply to any expenditures made, thepayment of which has been provided for by the issuance of warrants under thisact.

      History:   L. 1959, ch. 144, § 2;L. 2008, ch. 109, § 46; July 1.