New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-10-21

|
40 of 1900 or other provisions of the
O~-4s,..uuon u thls s axe. ~ cous'itu-
tional provisions TO the contrary as well
as At No, 1c2 of the General Assembi y
Of the State Of Louisiana for the wear
i 1914, ratified az an amendment TO the
Constitution of this State. are hereby
| a0togatel and repealed, and the City Of
! New Orleans shall have no power OF Az
thcr,ty to use o, employ any of its taxes
| "a flu IS for the establishment. support
| or maintenance Of the public schools. iii
. = cr indirectly, except herein as
thofzed, provided. however. that the
| City of New Orleans shall administer.
use aud employ all the funds. property
~ things of value now or hereafter held
| By II under any special legacy. Request
| or donation made to be made li,ectlY
TO it for school purposes and shall carry
| out and execute the conditions Of all such
| special legscies. requests or donations
| that have been heretofore made to aud
| 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. o, it's legal
successor may levy upon all taxable
property in the City of New Orleans
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 il 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 az show
by the last assessment made prior to the
submission of the proposition to the
said property taxpayers, and (2D ma
jority of the same in number and
amount voting at said election sha n |
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
this amendment.
Section ~ 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 it's uncollected
taxes of such year, and may issue its
notes or other evidences of indebtedness
and such sums, notes or other
evidences of indebtedness shall be pay
able only out of the taxes of the caen-
tar 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 shall
be borrowed by said Board for any other
purposes than current purposes, and in
no event shall any money be borrowed
~ said Board to make or to pay for
permanent improvements, and provided
urther, that said Board shall not I
make any contract or incur any debt or ,
obligation unless sufficient funds, not
otherwise appropriated, TO pay and dis /
harge the same are actually in the
reasufy 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 herenabove specially q
rovided. i
Said Board shall annually and prior ]
. the beginning of the scholastic year v
repare budget of its receipts and ex I
enditures and said budget, before it be ?
ONES effective, must be approved by a
he Commission Council of the City of 9
lew Orleans, or its successor as the q
overning body Of said City, and all APP n
ropriations by or expenditures of said o
oard not included in the said budget e
hall likewise before becoming effective 2
e approved by said Commission Coun- "
j or its said successor;
Provided that nothing herein shall be
ken or construed as authorizing the L
commission Council or its successor to
1ange, alter, substitute or eliminate any S
the items of the budget thus sub A
lifted; the true intent and meaning
ereof being that the said council or its
iccessor shall have no authority what A
,ever in or over said budget except to
le extent Of ascertaining whether the
roposed expenditures a. exhibited by
i'd budget are within the probable and B
'timated revenues of said Board of
irectors Of the Public Schools, Parish
Orleans.
Section TO- The inhibition herein es- P
blished against the City Of New Or
ans and the Board Of Directors of the
ublic Schools, Parish of Orleans, Or
sher of them, borrowing money, an
ripating their revenues, capitalizing
eir funds or issuing notes Of other
'idences Of debt, shall apply to all
,ards, commissions or bodies created
! or under the authority Of the Com
issiou Cauurtl nj %he C;fv NJ Now Or