55-19-14 - Reduction of tax levy. - Mississippi Statutes

§ 55-19-14. Reduction of tax levy.
 

After the formation of the district, if the board of directors should find that the millage levied is more than sufficient for the operation of the district and that there are no debts to be serviced, it may adopt a resolution permitting the lowering of the required millage set forth in Sections 55-19-7 and 55-19-13, Mississippi Code of 1972. 
 

Sources: Laws,  1973, ch. 500, § 3, eff from and after passage (approved April 17, 1973).