The revenue derived from any tax levied pursuant to this part shall be distributed as prescribed in this chapter.
Aircraft Assessment and TaxationDistribution
Section § 5451
The money collected from taxes set by this law must be shared according to the rules detailed in this chapter.
tax revenue distribution tax levy revenue sharing
Section § 5452
This law states that if aircraft are regularly housed in a specific city and any school districts, the money made from them should be split equally: one-third goes to the city, one-third to the school districts, and one-third to the county.
If the aircraft are habitually based in a city and any school districts, the proceeds shall be distributed one-third to the city, one-third to the school districts, and one-third to the county.
aircraft proceeds distribution habitually based aircraft city revenue
Section § 5453
If aircraft are mainly based outside of a city but within one or more school districts, the money collected from taxes on those aircraft is split evenly between the county and the school districts.
If the aircraft are habitually based outside of a city, but in any school districts, the proceeds shall be distributed one-half to the school districts and one-half to the county.
aircraft tax distribution school districts county revenue
Section § 5454
This law states that if aircraft are regularly located within both an elementary school district and a high school district, the money allocated to these districts should be split equally between them.
If the aircraft are habitually based in an elementary school district and a high school district, the proceeds allotted to school districts shall be divided equally between the elementary school district and the high school district.
aircraft allocation school funding division elementary school district
Section § 5455
This law section aims to ensure that the money designated for school districts is split evenly between those that have elementary schools and those that have high schools. Other types of educational districts aren't included in this allocation.
It is the purpose of this chapter to divide the proceeds allotted to school districts equally between districts supporting elementary schools and districts supporting high schools, excluding all other educational districts.
school district funding elementary school support high school support
Section § 5456
The county auditor is responsible for providing the specifics on how things are distributed according to this chapter, ensuring that the distribution method aligns with its purpose.
The details of the method of distribution shall be supplied by the county auditor and shall fairly carry out the purpose of this chapter.
county auditor responsibilities distribution method chapter purpose
