§ 30-42. Appropriations to the fund.


Latest version.
  • All taxing authorities will annually appropriate to and cause to be deposited in the fund the tax increment determined pursuant to F.S. ch. 163 and section 30-41 at the beginning of each fiscal year thereof as provided in F.S. ch. 163. The obligation of each taxing authority to annually appropriate the tax increment for deposit in the fund shall commence on June 18, 1990, and continue until all loans, advances and indebtedness, if any, and interest thereof, incurred by the community redevelopment agency as a result of community redevelopment in the community redevelopment area have been paid to the extent permitted by F.S. ch. 163.

(Code 1955, § 20A-6)