Modifies procedure for fire districts to request exemption from property tax levy cap.
Modifies the procedure for fire district boards of commissioners to seek an exemption from the two percent property tax levy cap. Currently, fire districts must submit a public question to the legal voters residing in its territory to increase the amount to be raised by taxation by more than the allowable adjusted tax levy. The bill would allow fire districts to request approval from the Local Finance Board to increase the amount to be raised by taxation by more than the allowable adjusted tax levy.
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