PocketLaw | Utah Code | Fiscal Procedures for Local Districts

Fiscal Procedures for Local Districts

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Definitions.

Fiscal year.

Uniform accounting system.

Funds and account groups maintained.

Budget required for certain funds -- Capital projects fund.

Total of revenues to equal expenditures.

Tentative budget to be prepared -- Review by governing body.

Tentative budget and data -- Public records.

Hearing to consider adoption -- Notice.

Public hearing on tentatively adopted budget.

Continuing authority of governing body.

Accumulated fund balances -- Limitations -- Excess balances -- Unanticipated excess of revenues -- Reserves for capital projects.

Appropriations not to exceed estimated expendable revenue -- Appropriations for existing deficits.

Adoption of final budget -- Certification and filing.

Budgets in effect for budget year.

Property tax levy -- Amount in budget as basis for determining.

Fund expenditures -- Budget officer's duties.

Purchasing procedures.

Expenditures or encumbrances in excess of appropriations prohibited -- Processing claims.

Transfer of appropriation balance between accounts in same fund.

Review of individual governmental fund budgets -- Hearing.

Amendment and increase of individual fund budgets.

Emergency expenditures.

Lapse of appropriations -- Exceptions.

Transfer of balances in special funds.

Loans by one fund to another.

Property tax levy -- Time for setting -- Computation of total levy -- Apportionment of proceeds -- Maximum levy.

Certification of resolution setting levy.

Operating and capital budgets.

Increase in appropriations for operating and capital budget funds -- Notice.

District clerk -- Meetings and records.

District clerk -- Bookkeeping duties.

District treasurer -- Duties generally.

Receipts for payment.

Duties with respect to issuance of checks.

Special assessments -- Application of proceeds.

Deposit of district funds -- Commingling with personal funds unlawful -- Suspension from office.

Quarterly financial reports required.

Annual financial reports -- Audit reports.

Audits required.

Local district may expand uniform procedures -- Limitation.

Approval of district expenditures.

Imposing or increasing a fee for service provided by local district.

Definitions -- Electronic payments -- Fee.

Residential fee credit.