Section 48-3125 - Application of tax monies; exceptions as to surplusA. All money raised by taxation on the estimated assessment and levy for purposes authorized by this chapter shall be applied to the objects for which levied, and may be used for no other purpose, but if there is a surplus in a fund at any time, and there is no demand for the money in such fund, the board of directors may by order entered upon its minutes direct the treasurer of the district to transfer the surplus to another fund. When the purposes of a fund for which taxes have previously been levied have been satisfied by monies from another source, and there are no outstanding warrants against such fund, the district treasurer shall upon order of the board deposit all monies thereafter collected on account of such fund into another fund or funds designated by the order of the board.B. When the purposes of a fund for which district taxes have previously been levied in any year or years have been satisfied by refinancing or refunding of the district's outstanding bonds and other indebtedness, and there are no outstanding warrants or other obligations or indebtedness against such fund, upon order of the board of directors of the district, the board of supervisors of each county in which any portion of the lands of the district are located shall adopt a resolution releasing all lands in the county upon which district taxes for such purposes remain unpaid from the lien of the taxes, interest, costs and penalties, and directing that the lien be cancelled upon the books of the county treasurer of the county, and the treasurer of the district.