ANNUAL PAYROLL.

72-1305. Annual payroll. "Annual payroll" means total payroll for a period of twelve (12) consecutive calendar months ending on June 30 of any year. History: [72-1305, added 1947, ch. 269, sec. 5, p. 793; am. 1949, ch. 144, sec. 5, p. 252; am. 1951, ch. 236, sec. 1, p. 482; am. 1998, ch. 1, sec. 5, p. 7.]