32-18-106. Financial powers

32-18-106. Financial powers. (1) In addition to the general financial powers specified in section 32-1-1101, the board has the power, for and on behalf of the district, to: (a) Levy and collect a sales tax in accordance with section 32-18-107, subject to the requirements of section 20 of article X of the state constitution; and (b) Pledge sales tax revenues or any portion thereof for the payment of any indebtedness of the district. (2) The ordinance or resolution proposing the creation of a forest improvement district may specify a limit on the amount of revenue that a district may receive.