§ 4.16.070. Tax levy and collection.

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The board shall levy a tax each year designating the number of cents levied for the accumulative capital outlay fund on each $100.00 of taxable value in the county for the current fiscal year, which rate shall be clearly sufficient, together with any moneys which are or may be in such fund, to produce the amount or amounts budgeted for such fund, but which rate shall not exceed $.10 per $100.00 of assessed value in any one year. Said tax shall be levied and collected at the same time and in the same manner as taxes levied for other county purposes, and when collected shall be paid into the county treasury and credited to the accumulative capital outlay fund.

(Ord. 4927 § 7, 1947.)

                    
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