72-6623. Same; allocation and transference of revenues; apportionment.

72-6623

Chapter 72.--SCHOOLS
Article 66.--SPECIAL PROVISIONS RELATING TO ASSESSED VALUATION AND TAXATION FOR SCHOOL DISTRICT PURPOSES

      72-6623.   Same; allocation and transference of revenues; apportionment. The county treasurer of the county within which such property is locatedshall allocate and transfer one-half of the revenues derived from taxlevies imposed by the unified school district within which such property islocated to each of the two school districts in which the cities holdingtitle to such property are located. Such allocation shall be made among thetax levy funds of the district in which such property is not located in theproportion that the tax levy for each such fund bears to the total taxlevies made for all funds of the district.

      History:   L. 1974, ch. 307, § 3; March 7.