(1) The trustees of a school district shall adopt a resolution no later than March
31 of each fiscal year and provide notice pursuant to subsection (2) whenever the
trustees intend to impose an increase in a nonvoted levy in the ensuing school fiscal
year for the purposes of funding any of the funds listed below:
(2) The trustees shall provide notice of intent to impose an increase in a nonvoted
levy for the ensuing school fiscal year by:
(a) adopting a resolution of intent to impose an increase in a nonvoted levy that
includes, at a minimum, the estimated number of increased or decreased mills to be
imposed and the estimated increased or decreased revenue to be raised compared to
nonvoted levies under subsections (1)(a) through (1)(f) imposed in the current school
fiscal year and, based on the district's taxable valuation most recently certified
by the department of revenue under 15-10-202, the estimated impacts of the increase or decrease on a home valued at $100,000 and
a home valued at $200,000; and
(b) publishing a copy of the resolution in a newspaper that will give notice to the
largest number of people of the district as determined by the trustees and posting
a copy of the resolution to the school district's website.
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