13-799. Same; disbursement of unexpended moneys of fire district from which territory is detached.

13-799

Chapter 13.--CITIES OF THE FIRST CLASS
PART I.--GOVERNMENT BY MAYOR AND COUNCIL AND GENERAL LAWS
Article 7.--FIRE DEPARTMENT

      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.