Section 7-21-19 - Annual tax levy on property--Limitation on levies to be observed

7-21-19. Annual tax levy on property--Limitation on levies to be observed.The board shall, after determining the amount of each fund pursuant to §7-21-18, levy a tax for each such fund sufficient to raise the required amount therefor. Nothing contained herein shall be construed to authorize any tax levy in excess of any limitation upon tax levies which are now or which may hereafter be imposed by any of the laws of this state. Source: SL 1927, ch 79, §17; SDC 1939, §12.2015.