§ 115C-502. Maximum rate and frequency of elections. - North Carolina Statutes

§ 115C‑502. Maximum rate and frequency of elections.

(a)        A tax for supplementing the public school budget shall notexceed fifty cents (50¢) on the one‑hundred‑dollar ($100.00) valueof property subject to taxation by the local school administrative unit:Provided, that in any local school administrative unit, district, or otherschool area having a total population of not less than 100,000 said localannual tax that may be levied shall not exceed sixty cents (60¢) on one‑hundred‑dollars($100.00) valuation of said property.

(b)        If a majority of those who vote in any election calledpursuant to the provisions of this Article do not vote in favor of the purpose for which such election is called, another election for the same purpose shallnot be called for and held in the same local school administrative unit,district, or area until the lapse of six months after the prior election.However, the foregoing time limitation shall not apply to any election held ina local school administrative unit,  district, or other school area which islarger or smaller than the local school administrative unit, district, or areain which the prior election was held, or to any election held for a differentpurpose than the prior election. (1955, c. 1231; c. 1372, art. 14, s. 2; 1957, c. 1271, s. 2; 1959, c.573, s. 10; 1975, c. 437, s. 5; 1981, c. 423, s. 1.)