Section R15-12-202. Involuntary Tort Judgments

A.      A political subdivision that paid an involuntary tort judgment may only use the judgment to:

1.        Offset excess collections from the previous fiscal year; or

2.        Justify a primary property tax levy limit being set above the maximum allowable rate in the current fiscal year.

B.       The Commission shall recognize an involuntary tort judgment if:

1.        The judgment is pursuant to a court order or settlement agreement;

2.        The judgment is approved for payment by the political subdivision’s governing board;

3.        The Attorney General certifies that the judgment is an involuntary tort judgment; and

4.        The political subdivision submits copies of the court order or settlement agreement and the minutes of the gov- erning board’s pay approval to the Commission on or before the 1st Monday of July.

Historical Note

Adopted effective September 14, 1990 (Supp. 90-3). Spelling of the word “tort” in subsection (A) corrected (Supp. 94-3). Amended effective October 10, 1997

(Supp. 97-4).