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§ 23-71-401. Definitions

As used in this part 4, unless the context otherwise requires: “Board of trustees” means the local college district board of trustees authorized by law to administer the affairs of any district. “District” means a local college district organized and existing pursuant to law. Source: L. 75: Entire article added, p. 764, § 1, effective […]

§ 23-71-402. Certification – Tax Revenues

In accordance with the schedule prescribed by section 39-5-128, C.R.S., the district shall certify to the board of county commissioners of the county wherein said district is located the separate amounts necessary, in the judgment of the board of trustees, to be raised from levies against the valuation for assessment of all taxable property located […]

§ 23-71-403. Change in Needed Tax Revenues – Unlawful

A board of trustees or a board of county commissioners shall not modify the amount certified pursuant to section 23-71-402 as needed for any fiscal year, nor shall said board of county commissioners be charged with any discretion in determining or reviewing the amounts so certified other than to ascertain if said amounts are within […]

§ 23-71-404. County Treasurer – Accounts – Warrants

It is the duty of the county treasurer to keep separate accounts by funds and subsidiary accounts for the bond redemption fund of each district in his county, and said funds and accounts shall be subject to the warrants of said district. The tax revenues shall be credited to the proper fund and account, together […]

§ 23-71-405. Depositories

When the board of trustees of a district has elected to have all moneys belonging to the district paid over to the treasurer of said board, the treasurer shall deposit, or cause to be deposited, all such moneys in such depositories as shall be designated by such board. Each designated depository shall be required to […]

§ 23-71-406. Registered Warrants by Treasurer of the Board of Trustees

If a board of trustees has elected to withdraw all district moneys from the temporary custody of the county treasurer and there are no moneys or insufficient moneys to the credit of the proper fund of said district on deposit with a depository to pay any warrant or order drawn against said fund, the treasurer […]

§ 23-71-407. Short-Term Loans

The board of trustees of any district may negotiate or contract with any person, corporation, association, or company for a loan not to exceed the difference between the anticipated revenues for the current fiscal year for the general fund and the amount credited to date to said general fund in order to eliminate the necessity […]