9-12-2. Fiscal powers of municipalities.
Every municipality may:
(1)Control its finances and property;
(2)Levy and collect taxes for general and special purposes on real property within the limits allowed by law;
(3)Appropriate money for authorized purposes and provide for the payment of the debts and expenses of the municipality.
Source: Subd. (1): SL 1890, ch 37, art V, §1; RPolC 1903, §1229, subdiv 1; SL 1913, ch 119, §53, subdiv 1; RC 1919, §6169 (1); SDC 1939, §45.0201 (1); SL 1992, ch 80, §3. Subd. (2): SL 1890, ch 37, art V, §3; RPolC 1903, §1229, subdiv 3; RPolC 1903, §1438, subdiv 16; SL 1913, ch 119, §53, subdiv 3; RC 1919, §6169 (2); SDC 1939, §45.0201 (2); SL 1992, ch 80, §3. Subd. (3): SL 1890, ch 37, art V, §2; RPolC 1903, §1229, subdiv 2; SL 1913, ch 119, §53, subdiv 2; SL 1915, ch 118; RC 1919, §6169 (4); SDC 1939, §45.0201 (3); SL 1992, ch 80, §3.