AG 1997 03 17 - Laserfiche WebLink

Home Browse Search

GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 1997 1 administration, and repeal of these additional taxes shall be in 2 accordance with Article 39 of this Chapter. In applying the 3 provisions of Article 39 of this Chapter to this Article~ 4 references to 'this Article' mean 'Article 43 of Chapter 105 of 5 the General Statutes' 6 "~ 105-510. Distribution and use of additional taxes. 7 (a) Distribution. -- The Secretary shall, on a quarterly basis~ 8 distribute to each taxing county the net proceeds of the tax 9 levied under this Article by that county. If the Secretary 10 collects taxes under this Article in a month and the taxes cannot 11 be identified as being attributable to a particular taxing 12 county~ the Secretary shall allocate these taxes among the taxing 13 counties in proportion to the amount of taxes collected in each~ 14 county under this Article in that month and shall include them in 15 the quarterly distribution. 16 (b) Use. -- A county may use the net proceeds distributed to 17 it under this Article only for public school building capital 18 outlay projects including the planning, construction, 19 reconstruction, enlargement, improvement, repair, or renovation 20 of public school buildings and for the purchase of land for 21 public school buildings. A county shall not use the proceeds to 22 pay debt service or to fund a public school building capital 23 outlay project that is or will be financed in part by debt. 24 (c) Nonsupplant Restriction. -- It is the purpose of this 25 Article for counties to appropriate funds generated under this 26 Article to increase the level of county spending for public 27 elementary and secondary school capital outlay above the level of 28 spending before the levy of the tax authorized in this Article. 29 A county that levies a tax under this Article shall continue to 30 spend for public school capital outlay purposes in its local 31 school administrative units the same amount of money it would 32 have spent for those purposes if it had not levied the tax. 33 "S 105-511. Expiration. 34 A tax levied under this Article expires ten years after the 35 effective date of its levy or most recent extension, unless the 36 voters of the county approve its extension for an additional ten 37 years as provided in this section. During the tenth year after 38 the levy or most recent extension of the tax authorized in this 39 Article, the county board of commissioners may direct the countz 40 board of elections to conduct an advisory referendum on the 41 question of whether the tax should be extended for an additional 42 ten years. The election shall be held on a date jointly agreed 43 upon by the two boards and shall be held in accordance with the 44 procedures of G.S. 163-287. -- 97-LCX-117A Page 3