N.D.C.C. § 57-15-11 — Park district tax levies

The board of park commissioners, in levying park district taxes, is limited by the amount
necessary to meet the appropriations included in the park district budget for the ensuing fiscal
year, and to provide a reserve fund as limited in this chapter, together with a tax sufficient in
amount to pay the interest on the bonded debt of the municipality and to provide a sinking fund
to pay the principal at maturity.