Oklahoma Code § 19-786

Title 19. Counties And County Officers: Tax levy - Annual report - Estimate of needs - Issuance of
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revenue bonds.
As to general obligation bonds, it shall be the duty of the
officers charged by law with the levying of taxes for county
purposes to levy annually an amount sufficient to pay the interest
due each year on the bonds issued hereunder and at the proper time,
and in addition thereto, to levy an amount sufficient to pay part of
the principal as the same becomes due.
The board of control shall, at the written request of the board
of county commissioners before the end of each fiscal year, file
with the board of county commissioners a report of their proceedings
with reference to such hospital, and shall also file a financial
statement and estimate of needs, and shall at the proper time
certify the amount necessary to maintain and improve said hospital
for the ensuing year.

The excise board of any county in this state which operates a
county hospital shall make an annual levy of not less than one-
fourth of one mill on all the taxable property of the county, the
proceeds of which shall be credited by the county treasurer to the
county hospital fund, the purpose of this levy being to supply funds
for the care of the county charity patients, and shall levy annually
an amount sufficient to maintain such county hospital.
Provided, that in considering and fixing appropriations the
excise board shall take into account as an item of income from
sources other than ad valorem tax the gross operating receipts of
the hospital for the previous fiscal year.
As to self-liquidating revenue bonds, any county may, by its
board of county commissioners, issue negotiable revenue bonds of the
county, for the purpose of constructing a county hospital, or making
alterations or additions to a county hospital.  Such revenue bonds
shall be issued in the same manner as revenue bonds issued by an
independent school district to construct recreational facilities
under the provisions of Title 70 of the Oklahoma Statutes, Sections
821.1 through 821.9, inclusive.  The bonds shall be secured by a
pledge of and shall be payable from the net revenues of the county
hospital.  Provided, that the hospital shall be operated in the same
manner as a county hospital constructed from the proceeds of general
obligation bonds.
Added by Laws 1919, c. 273, p. 387, § 6.  Amended by Laws 1925, c.
79, p. 128, § 4; Laws 1939, p. 220, § 1; Laws 1951, p. 45, § 1; Laws
1953, p. 505, § 1; Laws 1970, c. 286, § 3, emerg. eff. April 27,
1970.

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