1. The board of directors of a school district may certify for levy by April 15 of a school year, a tax on all taxable property in the school district for a district management levy. The revenue from the tax levied in this section shall be placed in the district management levy fund of the school district. The district management levy shall be expended only for the following purposes:

 a. To pay the cost of unemployment benefits as provided in section 96.31.
 b. To pay the costs of liability insurance and the costs of a judgment or settlement relating to liability together with interest accruing on the judgment or settlement to the expected date of payment.
 c. To pay the costs of insurance agreements under section 296.7.
 d. To pay the costs of a judgment under section 298.16.
 e. To pay the cost of early retirement benefits to employees under section 279.46.
 f. To pay the costs of mediation and arbitration, including but not limited to legal fees associated with such mediation or arbitration.

Terms Used In Iowa Code 298.4

  • following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
  • Property: means a tangible object, animate or inanimate, under a museum's care which has intrinsic historic, artistic, scientific, or cultural value. See Iowa Code 305B.2
  • School: means an agency of the state or political subdivision of the state, individual, partnership, company, firm, society, trust, association, corporation, or any combination which meets any of the following criteria:
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • year: means twelve consecutive months. See Iowa Code 4.1
 2. Unencumbered funds collected from the levies authorized in sections 96.31, 279.46, and 296.7 prior to July 1, 1991, may be expended for the purposes listed insubsection 1, paragraphs “a”, “c”, and “e”.