10-17-2 Calculation and extension of tax levies--Limitations on levies applied.
Calculation and extension of tax levies--Limitations on levies applied.
percent of all county, township, municipal, and school taxes shall be calculated and fixed by the
county auditor, in dollars and cents, within the limitations prescribed by this code, and all such taxes
shall be extended by the county auditor. If any county, township, municipality, or school district shall
return a greater amount than the prescribed rate will raise, the county auditor shall extend only such
amount of tax as the prescribed rate will produce.
Source: SL 1901, ch 50, § 1; RPolC 1903, § 2135; RC 1919, § 6752; SDC 1939, § 57.0601; SL
1988, ch 94, § 1.