§ 10-1-107. RESERVE FOR CAPITAL PROJECTS.

Latest version.

(a)

Undesignated fund balance. The county may establish a reserve for capital projects from any portion of the general fund undesignated fund balance not otherwise allocated for the following fiscal year.

(b)

Appropriations. Appropriations from the reserve shall be made only to finance capital projects and debt service for capital projects.

(1988 Code, § 15-7) (Bill No. 87, 1990, §§ 2, 3, 8-13-1990; Bill No. 83-00, § 2, 7-1-2004; Bill No. 77-15, § 2, 11-4-2015 )

                    
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