Bond amount authorized; tax levies authorized

80-1910. Bond amount authorized; tax levies authorized. (a) The amount of bonds issued pursuant to K.S.A. 80-1909, and amendments thereto, and outstanding at any time shall not exceed 5% of the assessed tangible valuation of all property in such township. Such bonds shall be issued serially to mature in approximately equal amounts over a period of not to exceed 20 years from the date of issue and shall be a lien upon all taxable property in such township. (b) Such bonds shall be issued and sold pursuant to the provisions and conditions of the general bond law except as herein otherwise specifically provided. The governing body of a township issuing bonds under the provisions of K.S.A. 80-1909, and amendments thereto, shall have authority to levy such taxes as may be necessary to pay the principal and interest on such bonds. (c) The bonded debt limitations set forth in this section shall be separate from and in addition to any other such limitations on bonded indebtedness imposed by law. History: L. 1939, ch. 348, § 10; L. 1978, ch. 99, § 39; L. 2025, ch. 3, § 2; July 1. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archived School Finance Documents USEFUL LINKS Session Laws Kansas Administrative Regulations OTHER LEGISLATIVE SITES Kansas Legislature Administrative Services Division of Post Audit Research Department Contact Us PDF Help www.ksrevisor.gov 2026