{"data":{"id":"us-sd/sdcl-10-52-23","jurisdiction":"us-sd","citation":"SDCL § 10-52-23","heading":"Capital improvement tax--Special municipal fund--Authorized expenditures--Transfer of property.","body":"The governing body of a municipality may expend moneys in the special capital outlay fund only for the following purposes:\n(1) Acquisition or lease, by the municipality, of real property, a plant asset, or equipment; or\n(2) Construction, repair, or renovation of real property owned solely by the municipality or jointly by the municipality with one or more political subdivisions of this state.\nAfter the completion of a project using moneys in the special capital outlay fund, the municipality may transfer ownership of the real property, plant, or equipment to a county in which the municipality is at least partially situated or to a school district in which the municipality is at least partially situated.","path":["TITLE 10. TAXATION","CHAPTER 10-52. UNIFORM MUNICIPAL NON-AD VALOREM TAX LAW"],"source_url":"https://sdlegislature.gov/Statutes/10-52-23","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"d7639b820d680bcfcd50f2dd0a5fc0ea3317af4eea8fe613a23f42f57ff879f9","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-10-52-22","next":"us-sd/sdcl-10-52-24"},"notice":"GroundRules: Original legal text. Not legal advice."}