17-63-704. Property tax levy -- Amount.
(1) Before June 22 of each year, the county legislative body shall levy a tax on the taxable real and personal property within the county. In the legislative body's computation of the total levy subject to Sectionsand, the legislative body shall determine the requirements for each fund and specify the amount of the levy apportioned to each fund. 59-2-908 59-2-911
(2) The proceeds of the tax apportioned for purposes of the county general fund shall be credited in the county general fund.
(3) The proceeds of the tax apportioned for utility and other special fund purposes shall be credited to the appropriate accounts in the utility or other special funds.
(4) For the first calendar year in which a county imposes a levy under Section, the county shall reduce the levy imposed under this section for general tax purposes by the amount necessary to offset the revenue described in Subsection. 11-46-104 11-46-104(5)(c)(ii)