AN ACT TO AMEND CHAPTER 10, TITLE 14, DELAWARE CODE, RELATING TO THE ADJUSTED TAX RATE OF REORGANIZED SCHOOL DISTRICTS.
Be it enacted by the General Assembly of the State of Delaware:
Section 1. Section 1010 (a) and (b), Chapter 10, Title 14, Delaware Code, is amended by adding the following sentence at the end of each of the said sections:
In no case shall the school boards of districts ordered to consolidate school districts having one-through-nine grades with a co-terminus superimposed high school district set a tax rate for its operational budget where the rate will be more than forty cents per one hundred dollars of assessed valuation higher than the highest rate for operational budget of either of its former component one-through-nine grade school districts plus the rate for the superimposed high school district for fiscal year July 1, 1968 to June 30, 1969.
Section 2. § 1010 (e), Chapter 10, Title 14, Delaware Code, is amended by striking the date "April 1, 1969" where it appears therein and inserting in lieu thereof the date "May 1, 1969."
Approved April 30, 1969.