Section 401 – Annual authority budget — Fiscal year — Public hearing and notice required — Auditor forms.
Affected by 63I-1-211 on 1/1/2029 Effective 7/1/2021 11-59-401. Annual authority budget — Fiscal year — Public hearing and notice required — Auditor forms. (1) The authority shall prepare and its board adopt an annual budget of revenues and expenditures for the authority for each fiscal year. (2) Each annual authority budget shall be adopted before […]
Section 402 – Amending the authority annual budget.
Affected by 63I-1-211 on 1/1/2029 Effective 5/8/2018 11-59-402. Amending the authority annual budget. (1) The authority board may by resolution amend an annual authority budget. (2) An amendment of the annual authority budget that would increase the total expenditures may be made only after public hearing by notice published as required for initial adoption of […]
Section 403 – Audit requirements.
Affected by 63I-1-211 on 1/1/2029 Effective 5/8/2018 11-59-403. Audit requirements. The authority shall comply with the audit requirements of Title 51, Chapter 2a, Accounting Reports from Political Subdivisions, Interlocal Organizations, and Other Local Entities Act. Enacted by Chapter 388, 2018 General Session Technically renumbered for proper placement.
Section 404 – Authority chief financial officer is a public treasurer — Certain authority funds are public funds.
Affected by 63I-1-211 on 1/1/2029 Effective 5/8/2018 11-59-404. Authority chief financial officer is a public treasurer — Certain authority funds are public funds. (1) The authority’s chief financial officer: (a) is a public treasurer, as defined in Section 51-7-3; and (b) shall invest the authority funds specified in Subsection (2) as provided in that subsection. […]