The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1907-02-18
REVENUE AND
TAXATION IN STATE

du NdiOltUl bitit Nt dSSthStu lof TAX
alton az It's fair cash value, estimated
at the price Il would bring at a fair,
vclrntary sale, and any officer or
other person authorized TO assess
values. or subjects for taxation, who
shall commit any wiliful error in the
performance of his duty, shall be
deemed guilty OF malfeasance. and up
on convictiOr thereof. shall forfeit his
office and be otherwise punished as
may be provided by law
Tho total taxes on all property taxed
on advalorem basis for all purposes.
including state. county, municipal
taxes, shall not exceed in any one
year. thirty mills on the dollar, to be
divided as follows: Net more than
seven mills on the dollar for state pur
poses OF which two mills shall be for
the support of public schools. not
more than ten mills on the dollar for
county purposes. of which three mills
shall be used for the support OF public
schools: not more than thirteen mills
on the dollar for municipal purposes,
OF which five mills shall be used for
the support Of public schools provid-
ed. that the legislature shall by gen
eral law authorize school districts to
levy. by majority vote of the citizens
over twenty-one years of age therein.
an additional tax of FIVE mills on the
dollar. in any one yeai, for school pur-
poses: Provided, further, that no
such tax shall be appropriated TO any
other district than that for which it
was levied: And provided further,
that to pay the bonded Indebtedness
OF any municipality, an additional tax
OF five mills on the dollar may be
levied by vote OF the electors Of the
said Municipality; Provided further,
that this limitation shall not apply TO
the leyies made to liqhdate or carry
Indebtedness existing at the date of
the ratification of this constitution.
Municipal corporations in this state,
may, in addition to taxes provided for
school purposes by this constitution.
by majority vote of the electors of
said municipality lay an additional
tax of four mills upon the dollar of the
assessed valuation for school pur-
poses: Provided. that no election
shall be ordered for this purpose ex-
cept upon a written petition Of one
seventh of the property tax payers of
said municipality Provided further,
that thirty days notice by publication
the usual way shall be given. and proof
of such publication filed with the petit
tiou.
Provision for school,, state. county
and municipal buildings. ard public
improvements may be made by the
egislaturessuthoriz the creation Of
Indebtedness or borrowing of money
therefor, limited as follows:
For school buildings and property
the total indebtedness shall never ex-
ceed total amount greater than two
per cent; for roads and bridges a to-
tai amount no greater than three per
cent; for all other purposes a total
amount not greater than three per
cent of the total taxable valuation for
the county or municipality creating
such Indebtedness; and in case Of
state indebtedness, aot above one
| fourth OF one per cent of the total tax
able valuation Of the state. and in no
case shall any such indebtedness be
created or moneys borrowed, without
the approval of such proposed action
by majority vote Of the qualified
electors OF the said county, municipali-
ty. or state voting thereon at an cleo
tion held as the legislature may pro
vide.
The receiving, directly or Indirectly.
by any officer Of the state or of any
county. city or town or member or Of.
tioer of the legislature, of any interest,
profit or perquisites arising from the
use or loan of pablic funds In his
hands. or moneys to be raised through
his agency fC. state, city, town. dis
triot, or cornty purposes. shall be
deemed felony; said offense shall be
punished as may be prescribed by law.
a part of which punishment shall he
disqualification to hold Office.
Nothing in this constitution shal, be
held or construed 70 prevent the legs
lature from providing for the levying
and collecting of license, franchise.
gross revenue. excise, incomes, collat-
eral and direct inheritance, legacy are
succession taxes, stamp, registration.
production or other specific taxes.
The state may selsct its objects OF
taxation, and levy and collect its
revenues Independent OF the counties.
fcities or other municipal subdivisions
Taxes shall be levied and collected
by general laws and for public pur-
poses only. The legislature shall not
assume the debt Of any county, muni
cipal corporation or political subdivis-
ions Of the state, unless such debt shall
have been contracted 10 defend itself
in time Of war to repel invasion or to
suppress insurrectiou
The credit Of tls state shall not be
given, pledged or loaned to any indl-
yidual, company, corporation or asso-
citation, municipality, or political sub
divisions OF the state, nor shall the
state become an owner or stOekhOlGer
in, nor make donation TO, any com
pany. association or Incorporation.
All laws authorizing the borrowing