(b) Notwithstanding subparagraph (a) of this Paragraph, all local school systems which are authorized by law on June 30, 1983, to incur debt in excess of 10 percent of the assessed value of all taxable property therein shall continue to be authorized to incur such debt.
GEORGIA CONSTITUTION
ARTICLE IX SECTION 5
LIMITATION ON LOCAL DEBT
ART. IX §5 ¶1 | DEBT LIMITATIONS OF COUNTIES, MUNICIPALITIES, AND OTHER POLITICAL SUBDIVISIONS
(b) Notwithstanding subparagraph (a) of this Paragraph, all local school systems which are authorized by law on June 30, 1983, to incur debt in excess of 10 percent of the assessed value of all taxable property therein shall continue to be authorized to incur such debt.
ART. IX §5 ¶2 | SPECIAL DISTRICT DEBT
ART. IX §5 ¶3 | REFUNDING OF OUTSTANDING INDEBTEDNESS
ART. IX §5 ¶4 | EXCEPTIONS TO DEBT LIMITATIONS
(2) Incur debt, by way of borrowing from any person, corporation, or association as well as from the state, to pay in whole or in part the cost of property valuation and equalization programs for ad valorem tax purposes.
ART. IX §5 ¶5 | TEMPORARY LOANS AUTHORIZED
ART. IX §5 ¶6 | LEVY OF TAXES TO PAY BONDS; SINKING FUND REQUIRED
ART. IX §5 ¶7 | VALIDITY OF PRIOR BOND ISSUES
This material might help you recover from the damages that lawbreaking judges/lawyers/agencies/organizations have inflicted upon you [and/or the public] (see this example of a Florida judge who outright committed perjury).
Perhaps it'll [even] help you navigate through your state's administrative gauntlet. A gauntlet which might include – but not be limited to:
- State Agency Bribery;
- State Agency Corruption;
- State Agency Obstruction; and
- State Agency Self-Discrimination
Sincerely,
www.TextBookDiscrimination.com
