Examples of General Taxes in a sentence
The General Taxes Are For The Purpose Of Paying Sufficient Revenue To Carry On The Departments Of Said City For The Ensuing Year And The Excess Property Tax Levy Is For The Purpose Of Paying Debt Service On The City’s Unlimited Tax General Obligation Bonds, 2016, All As Required By Law And Providing For Collection Thereof.
The General Taxes levied for the payment of such bonded indebtedness and the interest thereon shall always enjoy a priority over General Taxes levied by each such unit (including, without limitation, the City and the State) for all other purposes where reduction is necessary in order to comply with the limitation of NRS 361.453.
Former section 1615, subdivision (a), provides: “A premarital agreement is not enforceable if the party against whom enforcement is sought proves either of the following: [¶] (1) That party did not execute the agreement voluntarily.
The payment of the Bonds is not secured by an encumbrance, mortgage or other pledge of property of the City, except the proceeds of General Taxes, the Pledged Revenues, and any other moneys pledged for the payment of the Bonds.
Such General Taxes when collected shall be kept for and applied only to the payment of the principal of and the interest on the Bonds as hereinbefore specified.