TANNEHILL

PRELIMINARY ESTIMATE OF NEED

Not later than December 31 of each year, the Tannehill  Board of Education shall prepare, on a form prescribed by the State Board of Education, a preliminary estimate of the amount(s) of money and tax rate(s) which it then believes will be required for the dis­trict for the ensuing fiscal year; and, if such preliminary esti­mate shows an estimated need for a levy requiring the approval of the school district electors of the district under Section 9 or Section 10, Article X, of the Oklahoma Constitution, as amended on April 5, 1955, such preliminary estimate shall contain a call for an elec­tion to be held on the second Tuesday in February, or on such other date as may be provided for the election of the mem­bers of the board of education, to vote on the question of making such levy or levies.  The preliminary estimate shall be published in one issue of a newspaper having general circulation in the district at least ten days before such election.

REFERENCE:    70 O.S. §5-134

NOTE:                  These requirements shall not apply to school district that have adopted a permanent millage pursuant to subsection (d-2) of Section 9 of Article X of the Oklahoma Constitution.