SEC. 51-23-11. Payment to district.
The board of supervisors of each county becoming a member of the district shall annually pay or cause to be paid to the depository of the district such county's pro rata share of the budgetary requirements of the district, such share in no event, however, to exceed the avails of a levy of one-half ( 1 /2 ) mill on all of the taxable property in the county. No county shall be required to levy any tax hereunder or make any contribution hereunder for the support of the district for any year unless and until the directors of the district, on or before the first Monday in July of the taxable year for which any such levy may be required, shall have filed with the board of supervisors of any such county an account of the income and expenditures and a reconciliation of the cash balances and liquid assets of the district for the preceding calendar year, together with a detailed budget of the district for the ensuing calendar year; however, these requirements herein pertaining to the submission of the detailed budget and accounts will not be necessary for purposes of levying said one-half (1 /2 ) mill for the calendar year 1968. The share of thebudgetary requirements of the district to be paid by each county in any year, subject to the limitation hereinabove set forth, shall be determined by the ratio of the total assessed valuation of all property of such county subject to the tax levy authorized hereunder to the total assessed valuation of all such property of all counties which are members of the district, as shown by the records of the State Tax Commission for the preceding taxable year. The payments required hereunder shall commence with the calendar year 1968, and shall be payable on or before March 15, 1969, and on or before March 15th of each year thereafter so long as the district is in existence and there is a present need therefor. The board of directors is specifically authorized to include in its budgets sums which are necessary or desirable in the opinion of the board to accumulate to meet anticipated requirements of the district in future years for expenditure in conjunction with any project for public works or improvements for which plans are being developed in accordance with the provisions of Section 51-23-15. If any sums shall be accumulated by the district which, in the opinion of the directors of the district, will no longer be necessary to be expended for any such project or for current operating expenses for the ensuing year, then such surplus funds shall be returned to the counties who are members of the district in the proportion that the total previous contributions of each such county to the district bears to the total previous contributions of all counties which are members of the district. The board of supervisors of each county becoming a member of the district is hereby authorized to levy a tax on all taxable property within the county of not to exceed one-half ( 1 /2 ) mill to provide the funds required to be paid to the district hereunder, or may appropriate all or any part of said funds from the general or other funds of the county. Any tax levied pursuant to this section shall cease to be levied upon dissolution of the district.
SOURCES: Codes, 1942, Sec. 5956-356; Laws, 1966, Ex. Sess., ch. 49, Sec. 6; 1968, ch. 268, Sec. 1; 1990, 1st Ex Sess, ch. 65, Sec. 2, eff from and after passage (approved June 30, 1990).
SECTION 7. Sections 51-23-1, 51-23-3, 51-23-5, 51-23-7, 51-23-9, 51-23-11, 51-23-13, 51-23-15 and 51-23-17, Mississippi Code of 1972, which establish legislative intent and policy for the Lower Yazoo River Basin District, authorize the organization of the district and specify which counties may become part of the district, and provide for a board of directors, creation of the district, payments to the district, expenses of the district and powers and duties of the district, are repealed.
SOURCE: 1997 Laws, Chapter 403, Section 7, SB2937, Effective July 1, 1997.