7-6-4131. Allocation and appropriation of all-purpose levy -- exception. (1) When the all-purpose levy method provided for in 7-6-4452 is followed in municipal financing, any municipality following it shall appropriate the levy to the several departments of the municipality in its annual budget and appropriation ordinance or in other legal manner, as the governing body of the municipality considers best.
     (2) Any municipality that has adopted an urban renewal plan may allocate the funds raised by its levy within the urban renewal area in accordance with the provisions of its urban renewal plan.
     (3) This section does not apply to a municipality that has adopted the alternative accounting method provided for in Title 7, chapter 6, part 6.

     History: En. Sec. 3, Ch. 82, L. 1965; amd. Sec. 3, Ch. 375, L. 1971; amd. Sec. 6, Ch. 287, L. 1974; R.C.M. 1947, 84-4701.3; amd. Sec. 46, Ch. 430, L. 1995.