New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-09-09


by the City of New Orleans for publ
r school purposes, either by said Act NJ
l ITO Of 1890 or other provisions Of tn
Constitution of this State. All constitu
tional provisions to the contrary, as wei
az Act No. 262 of the General Assemb',
Of the State of Louisiana for the yea
1914, ratified as an amendment to tn,
Constitution of this State, are hereb,
abrogated and repealed; and the City o
New Orleans shall have no power or au
thorlty to use or employ any of its taxes
or funds for the establishment, supper
or maintenance of the public schools, di
rectly or indirectly, except as herein au-
thorized; provided. however, that me
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 Is. For the purpose of giving
additional support to the Public Schools,
the Board of Directors of the Public
Schools, Parish of Orleans. or its 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 o. in the manner prescribed by Act
No. 256 of the General Assembly of the
State of Louisiana fox the year 1910, and
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 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
have voted therefor. The levy by said
Board Of any tax so authorized shall be
certified, assessed, collected and paid In
the manner prescribed by Section II OF
this amendment.
Section 49, 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 puf-
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
and such sums, notes OF other
evidences of indebtedness shall be pay
able only out Of the taxes of the calen-
dar year in which said loan or 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-
EVER; provided, however, no moneys shalt
De borrowed by said Board for any other
purposes than current purposes, and in
10 event shall any money be borrowed
~ said Board to make or to pay for
permanent improvements; and provided
urther, that said Board shall not
make any contract or incur any debt or
obligation unless sufficient funds, not ,
therwise appropriated, to pay and dis
barge the same are actually in the
Of said Board at the time of
,aking said contract or mourning said ,
ebt or obligation and are specially set {
side and dedicated to said purpose, ex- )
spt as may be hereinabove specially .
rovided.
Said Board shall annually and prior =
} the beginning OF The scholastic year .
repare a budget of its receipts and ex-
snditures and said budget, before it be- =
mes effective, must be approved by =
e Commission Council of the City of :.
ew Orleans, or its successor as the :,
'verning body of said City, and all ap- :,
OPERATIONS by or expenditures of said -,
bard not included in the said budget :,
all likewise before becoming effective =,
approved by said Commission Coun- -,
or its said successor; q,
Provided that nothing herein shall be
ken or construed as authorizing the =;
mmission Council or its successor to
ange, alter, substitute or eliminate any G,
the items of the budget thus sub A,
tied; the true intent and meaning
reof being that the said council or its
,cessor shall have no authority what A
,ver in or over said budget except to
} extent of ascertaining whether the
'posed expenditures as exhibited by
d budget are within the probable and n,
mated revenues of said Board of
'ectors of the Public Schools, Parish
Orleans.
section 20. The inhibition herein es- D,
lished against the City of New Or
MS and the Board of Directors Of the
bic Schools, Parish of Orleans, or
Ter of them, borrowing money, an
pating their revenues, capitalizing ,
II funds or issuing notes of other