No irrigation district may in any year issue warrants in excess of ninety percent of the levy for the year. However, in case of due and outstanding obligations against the district on account of operation, maintenance, and current expenses contracted before the year in which any levy is made, the district board may make an additional levy, not to exceed one dollar per acre upon all irrigable lands within the district, to create a special fund for the payment of past due obligations.
S.D. Codified Laws § 46A-7-45
Warrants of districts--Limitation on amount issued--Additional levy
Source: SDC 1939, § 61.0910; SDCL § 46-15-45; SL 2011, ch 165, § 439.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.