Code · South Dakota · Title 13 · Chapter 13-37

13-37-16.2. Levy equalization.

67 words·~1 min read·/sd/title-13/chapter-13-37/13-37-16-2

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

If local effort increases on a statewide aggregate basis by a greater percentage than local need on a statewide aggregate basis from any one year to the next, for the following year, the levy specified in subdivision 13-37-35.1

(7)shall be reduced proportionally so that the percentage increase in local effort on a statewide aggregate basis equals the percentage increase in need on a statewide aggregate basis.