10-12-13. County levy for maintenance, repair, and construction of roads and bridges--Reserve fund.
The board of county commissioners may levy an annual tax as a reserve fund to be accumulated and used for the purpose of maintaining, repairing, constructing, and reconstructing roads and bridges as follows:
(1)A levy not to exceed one dollar and twenty cents per thousand dollars of taxable valuation, if the total taxable valuation of the county is one billion dollars or less;
(2)A levy not to exceed ninety cents per thousand dollars of taxable valuation, if the total taxable valuation of the county is more than one billion dollars but less than two billion dollars; and
(3)A levy not to exceed sixty cents per thousand dollars of taxable valuation, if the total taxable valuation of the county is two billion dollars or more.
Money in the fund may be expended in the laying out, marking, maintaining, constructing, and reconstructing roads and maintaining, constructing, and reconstructing bridges, under the jurisdiction of the board of county commissioners. The tax levy shall be in addition to all other levies authorized to be made by the board of county commissioners for road and bridge purposes provided for in §10-12-21. The proceeds of such levy shall be placed in a special fund to be known as the county highway and bridge reserve fund. Any increased tax levy imposed pursuant to this section is exempt from the provisions of chapter 10-13, if the county establishes the amount of revenue payable from taxes on real property pursuant to §10-12-13.1.
The total amount of revenue payable from any increased tax levy imposed pursuant to this section may increase no more than the lesser of three percent or the index factor, as defined in §10-13-38, over the amount of revenue payable in the preceding year. After applying the index factor, a county may increase the revenue payable from taxes on real property above the limitations provided by this section by the percentage increase of value resulting from any improvements or change in use of real property and any adjustments in taxation of property separately classified and subject to statutory adjustments and reductions under chapters 10-4, 10-6, 10-6A, and 10-6B, except §10-6-113, only if assessed the same as property of equal value.
Source: SL 1951, ch 35, §1; SL 1953, ch 29, §1; SL 1957, ch 29, §1; SDC Supp 1960, §57.0505-1; SL 1982, ch 28, §30; SL 1989, ch 87, §15B; SL 2015, ch 165, §20, eff. Apr. 1, 2015; SL 2016, ch 58, §1; SL 2021, ch 44, § 44.
Structure South Dakota Codified Laws
Chapter 12 - State And Local Property Tax Levies
Section 10-12-1 - Levy of state tax--Purposes covered by levy.
Section 10-12-2 - Maximum state levy.
Section 10-12-4 - Constitutional limitations on state levy to be observed.
Section 10-12-5 - State treasurer to transfer sums to interest and debt service funds.
Section 10-12-8 - Annual county levy for general purposes--Estimate of expenses as basis for levy.
Section 10-12-9 - Purposes for levy of county taxes.
Section 10-12-9.2 - Levy for library purposes--Certain municipalities exempted.
Section 10-12-13.1 - Authorization of increased tax levy--Publication.
Section 10-12-14 - Payment to municipalities from federal matching-aid levy.
Section 10-12-15 - County highway and bridge reserve fund exempt from budget law.
Section 10-12-17 - Use of general road and bridge funds for matching aid permitted.
Section 10-12-21 - Maximum county levy for all purposes.
Section 10-12-21.1 - Levies in addition to limit.
Section 10-12-26 - Annual levy of organized township--Certification to county auditor.
Section 10-12-28 - Maximum rate of township levy.
Section 10-12-28.1 - Additional township levy for fire protection and emergency medical services.
Section 10-12-28.2 - Authorization of tax levy for secondary road capital improvement fund.
Section 10-12-29 - Annual school district levy--Report to county auditor--Spread against property.
Section 10-12-31.1 - Adjusting level of assessment for school districts.
Section 10-12-32 - Maximum rate of levy in municipalities.
Section 10-12-32.1 - Municipalities incorporated after January 1, 1984.
Section 10-12-34.1 - Tax levies based on true and full valuation.
Section 10-12-38 - Equalizing assessment of all property between counties.
Section 10-12-39 - Equalizing assessment of land and structures on property between counties.
Section 10-12-41 - Certification of percent added to or deducted from valuation of property.
Section 10-12-42 - General fund of a school district--Annual levy.
Section 10-12-43.1 - Excess tax levy--School district capital outlay fund--Restrictions.