Section 20-9-116 - [Effective 7/1/2027] Resolution of intent to increase nonvoted levy - notice(1) The trustees of a school district shall adopt a resolution no later than June 1 in fiscal year 2017 only and no later than March 31 in fiscal year 2018 and subsequent fiscal years and provide notice pursuant to subsection (2) whenever the trustees intend to impose an increase in a nonvoted levy in the ensuing school fiscal year for the purposes of funding any of the funds listed below:(a) the tuition fund under 20-5-324;(b) the adult education fund under 20-7-705;(c) the transportation fund under 20-10-143 and 20-10-144; and(d) the bus depreciation reserve fund under 20-10-147.(2) The trustees shall provide notice of intent to impose an increase in a nonvoted levy for the ensuing school fiscal year by: (a) adopting a resolution of intent to impose an increase in a nonvoted levy that includes, at a minimum, the estimated number of increased or decreased mills to be imposed and the estimated increased or decreased revenue to be raised compared to nonvoted levies under subsections (1)(a) through (1)(d) imposed in the current school fiscal year and, based on the district's taxable valuation most recently certified by the department of revenue under 15-10-202, the estimated impacts of the increase or decrease on a home valued at $100,000 and a home valued at $200,000; and(b) publishing in a newspaper that will give notice to the largest number of people of the district as determined by the trustees and posting to the school district's website: (i) the resolution under subsection (2)(a); and(ii) the resolution under 20-9-502(3)(a)(i) if adopted by the trustees.Amended by Laws 2021, Ch. 245,Sec. 1, eff. 7/1/2021, and applicable to notice requirements, school budgets, property tax levies, and state major maintenance aid calculations related to school fiscal years beginning on or after July 1, 2022.Amended by Laws 2019, Ch. 402,Sec. 3, eff. 5/9/2019.Added by Laws 2017, Ch. 404,Sec. 1, eff. 5/19/2017, and applicable retroactively, within the meaning of 1-2-109, to levies noticed on or after 1/1/2017.This section is set out more than once due to postponed, multiple, or conflicting amendments.