NEW CASTLE COUNTY LEVY COURT PROVIDING FOR LIMIT OF TOTAL TAX RATE IN NEW CASTLE COUNTY
AN ACT TO AMEND CHAPTER 43, REVISED CODE OF DELAWARE, 1935, AS AMENDED, ENTITLED "LEVY COURTS" BY PROVIDING FOR A LIMIT OF THE TOTAL TAX RATE IN NEW CASTLE COUNTY.
Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:
Section 1. That 1155. Sec. 9. of Article 1 of Chapter 43, Revised Code of Delaware, 1935, as amended, be and the same is hereby further amended by striking out and repealing all of 1155. Sec. 9. of Article 1 thereof and substituting and enacting in lieu thereof a new section to be known as 1155. Sec. 9. as follows:
1155. Sec. 9. Taxes: How Laid; Maximum Rate:--The Levy Court of New Castle County shall annually calculate and settle the amount of the tax, which shall include all the sums necessary to be raised for the year, according to law, to discharge the demands upon the County accrued or which it shall be deemed expedient to provide for; and shall apportion and lay such taxes to and upon the assessments aforesaid in the several Districts or Hundreds as they shall stand upon the assessment lists of the said Districts or Hundreds respectively, at and according to a certain rate for each of said taxes upon every hundred dollars of the said assessment, and so pro rata; provided, nevertheless, that the total tax rate for all purposes, other than special assessments, taxes levied to pay principal of and interest on bonds, and taxes levied by the Levy Court of New Castle County for the benefit of local districts established in accordance with statutes authorizing such special taxation, shall not exceed the sum of sixty-five cents on each one hundred dollars of assessment, provided, however, that beginning July 1, 1953, the said total tax rate shall not exceed the sum of fifty cents on each one hundred dollars of assessment.
Approved May 22, 1951.