S.D. Admin. R. 64:04:01:28

Current through Register Vol. 51, page 71, January 6, 2025

Section 64:04:01:28 - Form required for opt out resolution

The form for the opt out resolution required by SDCL subdivision 10-12-43(4) and SDCL subdivision 10-13-36(4) is PT 182. The time period specified in the opt out resolution shall commence with the taxes payable in the year following the year the opt out is passed and run for the consecutive years stated in the resolution. The resolution form shall be signed by each member of the governing body voting in favor of the opt out. However, the only name required on the publication notice for the opt out resolution is the finance officer or auditor.

ATTENTION TAXPAYERS:

NOTICE OF

PROPERTY TAX INCREASE

OF $________________

RESOLUTION FOR OPT OUT

THE GOVERNING BOARD OF

__________________________________________________________ does state that the above said board is unable to operate under the tax limitation measure currently in statute. We therefore OPT OUT of such tax limitation in the amount of $ _____________________ starting with calendar year __________ taxes payable in the calendar year __________. This opt out will be for ________ years, which will be thru taxes payable in the calendar year __________. This action has been taken by the board and approved by at least a two-thirds vote of the board.

This decision may be referred to a vote of the people upon a petition signed by at least five percent of the registered voters in the district and filed with the governing body within twenty days of the first publication of this decision.

Unless this action is referred to a vote of the people and reversed by such vote, this resolution authorizes the county auditor to spread an excess levy to raise tax dollars in the above stated amount.

Signed ______________________________________________ Board Chairman

______________________________________________ Board Member

PT 182

S.D. Admin. R. 64:04:01:28

28 SDR 178, effective 7/1/2002; 29 SDR 177, effective 7/2/2003.

General Authority: SDCL 10-12-43(4), 10-13-36(4).

Law Implemented: SDCL 10-12-43(4), 10-13-36(4).