235.175. Increase of tax rate--election--form of ballot--maximum rate. - Missouri Statutes

Increase of tax rate--election--form of ballot--maximum rate.

235.175. 1. Before the board of directors of any streetlight maintenance district may increase the district's currenttax levy, the proposed increase must be approved by a majority ofthe voters voting thereon.

2. The proposition to increase the tax levy may be submittedby the board of directors or upon petition of five hundredregistered voters of the district. All propositions to increasethe tax levy shall be submitted at the next election permitted bysection 115.123, RSMo.

3. A separate ballot containing the question shall read asfollows:

Shall the board of directors of the ....... street lightmaintenance district be authorized to increase the current taxlevy of ....... cents per one hundred dollars assessed valuationto ...... cents per one hundred dollars assessed valuation toprovide funds for the support of the district?

â ã Yes

â ã No

(If you are in favor of the tax levy, place an X in the boxopposite "Yes". If you are opposed to the tax levy, place an Xin the box opposite "No".)

4. If a majority of the qualified voters casting votesthereon be in favor of the increased tax levy, the board ofdirectors shall raise the tax levy to the level approved by thevoters. If a majority of the voters casting votes thereon do notvote in favor of the increased tax levy, any levy previouslyauthorized shall remain in effect.

5. No street light maintenance district shall fix a rate oflevy which exceeds the maximum tax levy authorized by section235.170.

(L. 1978 H.B. 1624 § 2)

Effective 5-31-78