New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-10-28

r school purposes, either by said Act NJ
! no of 1890 or other provisions of tn
~-4-3..,G..ou g tbs 5 e. f.. cons.itu
: tional provisions to the contrary, as wei
as Act No. 2o2 of the General Assemb'
of the State of Louisiana for the yea
1914, ratified amendment to tn,
Constitution of this Stale, are herebl
ab1ogate1 and repealed; and the City o
New Orleans shat. have no power or au
thorlty to use or employ any OF its take.
OF funds for the establishment, supper
or maintenance of the public schools, di
7e>tly 9! indirectly, except as herein au-
thorized; provided, however, that the
City Of New Orleans shall administer
use and employ all the funds, property
or things of value now or hereafter held
by 1t under any special legacy, beques!
or donation made or to be made directly
TO it for school purposes, and shall carry
out and execute the conditions of all such
! special legacies, requests or donations
that have been heretofore made to and
accepted by said City of New Orleans
and all such as may hereafter be made
to and accepted by said city.
| Section 18. For the purpose of giving
additional support to the Public Schools,
the Board of Directors of the Public
Schools, Parish of Orleans, or it's legal
successor, may levy upon all taxable
property in the City of New Orleans a
special tax not exceeding two mills on
the dollar of the assessed valuation of
said property (which special tax shall
be in excess of the tax authorized by
Section II of this amendment), when
ever ~ in the manner prescribed by Act
No. ESQ of the General Assembly of the
State of Louisiana for the year 1910, and
amendments thereof, or in such other
manner as shall be prescribed by law,
the rate of such special tax, the number
of years it is to be levied by said Board
submitted at an election to q vote of the
property taxpayers of the City of New
Orleans entitled to vote under the laws
of this State, who shall have been as
sessed for property in said city as shown
by the last assessment made prior to the
submission Of the proposition to the
said property taxpayers, and (2) ma
jority of the same in number and
amount voting at said election shall
have voted therefor. The levy by said
Board of any tax 50 authorized shall be
certified, assessed, collected and paid in
the manner prescribed by Section II o.
this amendment.
Section 19. The Board Of Directors
of the Public Schools, Parish of Orleans,
or its legal successor, shall not capitalize
the whole or any part of the taxes which |
by this amendment it is authorized to
levy, nor fund the same into bonds, nor !
borrow money in anticipation of the col
lection thereof; provided that said |
Board may, in any calendar year, in |
anticipation of the collection of the taxes |
of such calendar year and for the pur-
pose for which such taxes are levied, |
borrow such sums as shall not be in ex-
cess of the amount of its unsolicited |
taxes of such year, and may issue its
notes or other evidences of indebtedness
therefor, ana such sums, notes or other
evidences of indebtedness shall be pay
able only out of the taxes of the calen-
dar year in which said loan OF loans are
first made and for which indebtedness
said revenues shall be pledged, and said
shall not be payable out
Of any other funds or moneys whatso-
sver; provided, however, no moneys shall
be borrowed by said Board for any other
purposes than current purposes, and in
40 event shall any money be borrowed
BY said Board to make or to pay for
permanent Improvements; and provided
'urther, that said Board shall not
make any contract OF incur any debt or
obligation unless sufficient funds, not |
appropriated, to pay and dis
barge the same are actually in the
Ieasury of said Board at the time Of
making said contract or mourning said
lebt or obligation and are specially set (
side and dedicated to said purpose, ex-
ept as may be hereinabove specially 9
rovided. Ii
Said Board shall annually and prior Z
D the beginning Of the scholastic year '
repare q budget Of its receipts and ex I
enditures and said budget, before it be- :
omes effective, must be approved by a
ae Commission Council of the City of s
lew Orleans, or its successor as the I
overnine body Of said City, and all ap- n
ropriations by or expenditures of said o
oard not included in the said budget e
hall likewise before becoming effective 9
E approved by said Commission Coun- v
! or its said successor;
Provided that nothing herein shall be
ken or construed a. authorizing the L
Council or its successor to
,ange, alter, substitute or eliminate any S
the items of the budget thus sub A
tilted; the true intent and meaning
sreof being that the said council or its
lccessor shall have no authority what A
'ever in or over said budget except to
y extent Of asce1taining whether the
opposed expenditures - exhibited by
id budget are within the probable and B
timated revenues Of said Board Of
irsctors Of the Public Schools, Parish
Orleans.
Section 20. The inhibition herein e. P
blished against the City Of New Or
ans and the Board Of Directors Of the
ablic Schools, Parish Of Orleans, or
ther Of them, borrowing money, an
:ipating their revenues, capitalizing
cir funds or issuing notes of other
licences Of debt, shall apply to al
ards, commissions or bodies created
or under the authority of the Com