§ 65-4. Reduction of levy.

If in any year the majority of the said Drummond Citizens' Committee shall decide the sum hereinbefore authorized to be taxed and levied is in excess of the amount required for the ensuing year, then and in that event, the said committee may, on or before April 15 of any year, notify in writing the county council of Montgomery County to make a reduction in the said levy of fourteen cents ($0.14) on each one hundred dollars ($100.00) of assessable value of real property other than operating real property of a public utility and thirty-five cents ($0.35) on each one hundred dollars ($100.00) of assessable value of personal property and operating real property of a public utility, as hereinbefore provided for, the amount of said reduction to be determined by the said committee and specified in the said notification to the county council; and upon receipt of such notification, the board of county council of Montgomery County is authorized, empowered and directed to make a levy less than the said fourteen cents ($0.14) or thirty-five cents ($0.35) in the amount determined and specified by the said committee. (Mont. Co. Code 1965, § 65-4; 1916, ch. 22, § 3; 2003, ch. 247.)