Article IX. COUNTIES AND MUNICIPAL CORPORATIONS · Article IX. COUNTIES AND MUNICIPAL CORPORATIONS · Section V. LIMITATION ON LOCAL DEBT
Art. IX, Sec. V, Para. IV. Exceptions to debt limitations.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Notwithstanding the debt limitations provided in Paragraph I of this section and without the necessity for a referendum being held therefor, the governing authority of any county, municipality, or other political subdivision of this state may, subject to the conditions and limitations as may be provided by general law:
- (1)
Accept and use funds granted by and obtain loans from the federal government or any agency thereof pursuant to conditions imposed by federal law.#
- (2)
Incur debt, by way of borrowing from any person, corporation, or association as well as from the state, to pay in whole or in part the cost of property valuation and equalization programs for ad valorem tax purposes.#
Other notes
- 1976 Constitution.
- Art. IX, Sec. VII, Paras. I, V.
- Municipality not liable for indebtedness contracted pursuant to Ga.
- Const. 1983, Art. IX, Sec. VI, Para. I and Art. 3, Ch. 82, T. 36. — Liability against a municipality arising out of and by virtue of any contract made by such municipality with an engineering company, entered into pursuant to Ga. Const. 1976, Art. IX, Sec. VIII, Para. I (see Ga. Const. 1983, Art. IX, Sec. VI, Para. I) and the Revenue Bond Law, Ga. L. 1937, p. 761 (see now O.C.G.A. Art. 3, Ch. 82, T. 36), is not an indebtedness of the municipality which can be paid and satisfied out of the general tax fund or other general funds of said municipality. City of Royston v. Littrell Eng’g Co., 87 Ga. App. 903, 75 S.E.2d 678 (1953).
- Am. Jur. 2d.
- 56 Am. Jur. 2d, Municipal Corporations, Counties, and Other Political Subdivisions, §§ 534 et seq., 565 et seq.
- ALR.
- Exception regarding ‘‘emergency,’’ ‘‘urgency,’’ etc., within statute or charter forbidding municipal corporation to expend money or incur indebtedness in absence, or in excess, of appropriation, 111 ALR 703.
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Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Text read from 2ga-const-(v2)-2016-pdf.pdf, Volume V2, 2016 edition, page 1434; merge action: carried; file SHA-256 1b27199d8655.
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