10-6-109 - Budget required for certain funds -- Capital projects fund budget.
10-6-109. Budget required for certain funds -- Capital projects fund budget.
(1) The budget officer shall prepare for each budget period a budget for each of thefollowing funds:
(a) the general fund, including the class "C" and collector road funds;
(b) special revenue funds;
(c) debt service funds; and
(d) capital improvement funds.
(2) Major capital improvements financed by general obligation bonds, capital grants, orinterfund transfers, shall use a capital projects fund budget. The term of the budget shall coincidewith the term of the individual project or projects. To the extent appropriate, the requirements forpreparation, adoption, and execution of the budgets of the funds enumerated in Subsection (1)above, as set forth in this chapter, shall apply to budgets of capital projects funds.
Amended by Chapter 300, 1999 General Session