§ 5-8-507. Annual Operating Budget — Publication — Budgetary Comparison
Notwithstanding any other law to the contrary, the county commission shall cause to be published the proposed annual operating budget, no later than five (5) days after the budget is presented to the governing body, in a newspaper of general circulation, if the newspaper is published daily. If the newspaper of general circulation is published […]
§ 5-8-301. Authorized Investments
It is the policy of this state and the several counties that all idle county funds shall be invested to the maximum extent practical according to the following: Idle county funds derived from bond proceeds shall be invested in accordance with subsection (b); Idle county funds derived from sales of assets, settlements, or other infrequent […]
§ 5-8-302. Committee on Investment
For the purpose of carrying out § 5-8-301, the county legislative body of the several counties may appoint a committee with authority to designate the types of investments, the amounts of those investments and the maturity of those investments. No liability shall attach to any member of a committee selected for the purpose mentioned in […]
§ 5-8-401. Disposition
The county mayor is required, in making settlements with clerks, to ascertain what amount of money is in their hands due to witnesses and officers, that may have been collected by them from suitors, and that has been in the hands of the clerk for more than two (2) years, and such sums of money […]
§ 5-8-402. Records and Reports
The several clerks shall, upon oath, produce their books and papers, and point out to the county mayor the items so collected by them and remaining in their hands, mentioned in § 5-8-401; and the county mayor shall examine the books minutely, and interrogate the clerks with a view to elicit the facts, and shall […]
§ 5-8-403. Payment to Claimant
The person to whom any money paid into the county treasury is due may apply to the county mayor for a warrant for the amount due that person, and, on presenting this warrant to the county trustee, the county trustee shall pay the amount, as in other cases, out of any money in the treasury. […]
§ 5-8-404. Unclaimed Funds From Appellate Courts
This part shall apply to clerks of the appeals and supreme courts, who are required to pay over to the county mayor of the county in which the suits originated, as other county revenue, on the first day of January, April, July, and October of each year, all moneys in their hands due to witnesses, […]
§ 5-8-501. Standard Accounting System
The comptroller of the treasury, with the approval of the governor, shall devise a modern and effective bookkeeping and accounting system to be used by all county officials and agencies receiving and disbursing the revenues of the state or any political subdivision thereof, and shall prescribe the minimum standards that shall be required under such […]
§ 5-8-502. Compliance With Accounting Standards
All county officials and agencies receiving and disbursing the revenues of the state or any political subdivision thereof shall be required to adopt a system of bookkeeping and accounting that meets the minimum standards provided for in § 5-8-501.
§ 5-8-503. Noncompliance — Additional Audit Costs
If any county official or agency receiving and disbursing the revenues of the state or any political subdivision thereof shall fail to comply with § 5-8-502, the county, within thirty (30) days after the completion of the audit made by the state department of audit under §§ 4-3-304 and 9-3-212, shall be obligated to pay […]