162.920. Tax rate--how increased. - Missouri Statutes

Tax rate--how increased.

162.920. 1. The initial tax imposed on property subject tothe taxing power of a special school district under article X,section 11(a) of the Constitution of Missouri shall not exceedthe annual rate of twenty-five cents on each hundred dollarsassessed valuation, which tax rate shall be used for thedistrict's programs for the education and training of handicappedand severely handicapped children and for vocational education asprovided by sections 162.670 to 162.995.

2. Increases in the tax rate may be made with voter approvalin the same manner as provided in chapter 164, RSMo, for otherschool districts.

(L. 1973 H.B. 474 § 55, A.L. 1974 S.B. 571)