173.020 Tax for existing library -- Report to mayor. - Kentucky Statutes

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173.020 Tax for existing library -- Report to mayor. (1) Any city acting under the provisions of KRS 173.010 shall annually, in its annual ordinance fixing the tax rate, include a levy for library purposes not exceeding two
cents ($0.02) on each one hundred dollars ($100) worth of property assessed for
taxation for city purposes. The amount levied annually shall be credited to the
library fund of the city, and the revenue, as collected, shall be paid over to the
governing authority of the library by the director of finance in regular weekly
installments. (2) All money so received shall be used exclusively for conducting and maintaining the library for the public purposes mentioned in KRS 173.010. The governing authority
of the library shall make a report to the mayor each September, showing statistics
covering the attendance at and the use of the books of the library, the receipts and
expenditures of all money handled by it during the year, and other information
bearing upon the usefulness of the library to the public. Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 2801a-2.