§ 17B-1-623. Emergency expenditures.  


Latest version.
  •      The board of trustees of a local district may, by resolution, amend a budget and authorize an expenditure of money that results in a deficit in the district's general fund balance if:
    (1) the board determines that:
    (a) an emergency exists; and
    (b) the expenditure is reasonably necessary to meet the emergency; and
    (2) the expenditure is used to meet the emergency.
Enacted by Chapter 329, 2007 General Session