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Current as of January 01, 2024 | Updated by Findlaw Staff
The total amount of special assessments or general business occupation taxes levied under the Business Improvement District Act shall not exceed the total costs and expenses of performing the authorized work. The levy of any additional assessment or tax shall not reduce or affect in any manner the assessments previously levied. The assessments or taxes levied must be for the purposes specified in the ordinances and the proceeds shall not be used for any other purpose.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 19. Cities and Villages; Laws Applicable to More Than One and Less Than All Classes § 19-4033. Special assessments or taxes; limitations; effect - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-19-cities-and-villages-laws-applicable-to-more-than-one-and-less-than-all-classes/ne-rev-st-sect-19-4033/
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