Source: http://www.lincolninst.edu/subcenters/significant-features-property-tax/Report_Tax_Limits_Details.aspx?ReportID=1264
Timestamp: 2014-09-02 04:21:48
Document Index: 783248757

Matched Legal Cases: ['§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10']

The tax rate shall not exceed for the state, 2 mills; for counties, 12 mills; for municipalities, 27 mills; for townships, 3 mills, excluding debt service and some special levys though up to 1.2 mills additional levy for fire protection; and, for school districts, 9.11 mills in the aggregate, 2.71 mills on agricultural property, 4.26 mills on owner-occupied single-family dwellings, and 3.71 mills on non-agricultural acreage property.
For nonschool taxing districts, levies in excess of the cap for up to 6 mills may be approved by a 75% majority vote of the electorate at a special election. For school districts, excess levies may be authorized by a majority vote at the referendum election, upon resolution of the governing body (66⅔% vote) or petition signed by 5% or more of the voters.
This limit went into effect for counties, municipalities, and school districts in 1915.
S.D. Codified Laws § 10-12-2 (in effect for 2011); S.D. Codified Laws § 10-12-21 (in effect for 2011); S.D. Codified Laws § 10-12-28 ~ § 10-12-28.1 (in effect for 2011); S.D. Codified Laws § 10-12-32 (in effect for 2011); S.D. Codified Laws § 10-12-36 (in effect for 2011); S.D. Codified Laws § 10-12-42 ~ § 10-12-43 (in effect for 2011)Mullins, Daniel and Kimberly Cox. 1995. Tax and Expenditures Limits on Local Governments, M-194, Washington, DC: Advisory Commission on Intergovernmental Relations. View Archived Source
Significant Features of the Property Tax. http://www.lincolninst.edu/subcenters/significant-features-property-tax/Report_Tax_Limits_Details.aspx?ReportID=1264. Lincoln Institute of Land Policy and George Washington Institute of Public Policy. (Tax Limits; accessed: 9/2/2014 12:21:33 AM) © 2014 Lincoln Institute of Land Policy 113 Brattle Street, Cambridge, MA 02138-3400