Current through 2024 Public Law 457
Section 45-56-6 - Tax levy for benefit of district(a) An ordinance establishing a downtown center special services district shall provide the time and manner for determining the levy on real property within the district which is recommended by the board of commissioners of the district pursuant to § 45-56-2(5).(b) In order to provide that different areas, and different land use categories, within the downtown center special services district may share equitably in the funding of the district in proportion to the different benefits to be derived, an ordinance establishing the downtown center special services district may divide the district into subdistricts, and the ordinance may further provide a separate basis for the determination of the levy recommended pursuant to § 45-56-2(5) on taxable interests in real property within each subdistrict.(c)(1) An ordinance establishing the downtown center special services district may create, for taxing purposes only, different categories of land use within the district, and the ordinance may further provide a separate basis for the determination of the levy recommended pursuant to § 45-56-2(5) on each category of land use.(2) If an ordinance establishing a district divides the district into subdistricts, and if the ordinance also creates different land use categories, the ordinance may also provide a basis for the determination of the levy recommended pursuant to § 45-56-2(5) on taxable interests in real property in a land use category in a subdistrict which is different from the basis for determining the levy recommended on taxable interests in real property in the same land use category in another subdistrict or in other subdistricts.(d) An ordinance establishing the downtown center special services district shall provide that, when the board of commissioners of the district shall, in a timely manner, recommend to the legislative body of the municipality in which the district is located a levy upon the taxable interests in real property within the district, pursuant to § 45-56-2(5) and pursuant to the ordinance, it is the obligation of the legislative body to impose the levy as a municipal levy, and the levy shall be in addition to the regular municipal levy, and it is the obligation of the municipality to collect the levy for the benefit of the district. All moneys received by the board of commissioners of the district or by a municipality on behalf of the district shall be paid into the general fund of the municipality where an account is maintained of the moneys for the benefit of the district. Notwithstanding any provision of the general laws, public laws or any special act or any municipal charter to the contrary, the treasurer of the municipality shall disburse funds in accordance with an annual budget adopted by the board of commissioners of the district.