108.270. Auditor to certify annually amount required to pay interest, costs. - Missouri Statutes

Auditor to certify annually amount required to pay interest, costs.

108.270. The state auditor shall, annually, on or about thefirst day of July, certify to the several county commissions,city councils, boards of aldermen, boards of trustees, schoolboards, boards of supervisors or boards of commissioners theamount required during the next fiscal year to pay maturinginterest coupons, together with ordinary costs to the state ofcollection and disbursement of the same, which amount shallthereupon be levied as a special tax upon all property in suchcounty, city, village, township, school district, special orcommon road district, drainage district or levee district, andshall be collected with the state revenue and paid over to thetreasurer of the county, city, village, township, schooldistrict, drainage district or levee district, special or commonroad district, having issued such outstanding registered bonds,which shall be deposited by such treasurer to the credit of hisrespective county, city, village, township, school district,drainage district, special or common road district, or leveedistrict, in the bank or banks at which the same are madepayable; provided, that this special tax may be paid in coupons,registered under sections 108.240 to 108.300, overdue or maturingduring the current fiscal year.

(RSMo 1939 § 3303)

Prior revisions: 1929 § 2917; 1919 § 1065; 1909 § 1277