If a district had a valid local option revenue purpose statement, must it submit a new revenue purpose statement to the electors for the statewide tax proceeds?
No. A revenue purpose statement in existence for the expenditure of local option sales and services tax for school infrastructure purposes imposed by a count prior to July 1, 2008, pursuant to section 423E.2. Code 2007 remains in effect until amended or extended. However, if a district has different revenue purpose statements because it had revenues from different counties, it may want to submit a new revenue purpose statement to the electors so that it has only one for the district.