AG 1999 06 21 - Laserfiche WebLink

Home Browse Search

Exhibit G §115C-493 ART. 36. TAX SUPPLEMENTS FOR SCHOOLS §115C-501 Where the bequests so of such gift or gifts expended. (1961, c. of said pledges, :he board of and only devises and shall keep the principal income therefrom may be 1.~ § 115C-494. Propert~ ees All property board of trustees for hereunder and all the tim, State.(19~ income of board of trust- State taxation. or donated to the of endowment fund created ifts uests received or other- wment fund, as well as income from said nt fund, shall at all taxation, of any nature within the 970; 1981, c. 423, s. 1.) fication purposes. SUBCHAPTER VIII. LOCAL TAX ELECTIONS. ARTICLE 36. Voted Tax Supplements for School Purposes,., § 115C-500. Superintendents must furnish bound- aries of special taxing districts. It shall be the duty of superintendents to furnish tax listers at tax listing time the boundaries of each taxing district as provided in G.S. 115C-276(m). (1981, c. 423, s. 1.) Local Modification. -- lAs to Article 36) Transylvania: 1983, c. 363. § 115C-501. Purposes for which elections may be called. (a) To Vote a Suoolemental Tax. -- Elections may be called by the local tax-levying authority to ascertain the will of the voters as to whether there shall be levied and collected g snecial tax in the several local school administrative units, districts, and other school p"~eme' i~clgding districts formed from contiguous counties, to sun- nt the funds from State and county allotments and thereby operate schools of a higher standard by supplementing any item o.f expenditure in the school budg~. When supplementary funds are authorized by the carrying of such an election, ~ used to employ additional teachers other than those allotted by the State, to teach{ any grades or subiects or for kindergarten instruc; finn, to establish indmaintain a, pproved summer schools, to make ~e contribution to the Teachers and State Em.p_Lg. yees Retirement 401 67