17-36-9. Budget -- Financial plan -- Contents -- Municipal services and capital
projects funds.
(1) (a) The budget for each fund shall provide a complete financial plan for the budget
period and shall contain in tabular form classified by the account titles as required by the uniform
system of budgeting, accounting, and reporting:
(i) estimates of all anticipated revenues;
(ii) all appropriations for expenditures; and
(iii) any additional data required by Section 17-36-10 or by the uniform system of
budgeting, accounting, and reporting.
(b) The total of appropriated expenditures shall be equal to the total of anticipated
revenues.
(2) (a) Each first-, second-, and third-class county that provides municipal-type services
under Section 17-34-1 shall:
(i) establish a special revenue fund, "Municipal Services Fund," and a capital projects
fund, "Municipal Capital Projects Fund," or establish a local district or special service district to
provide municipal services; and
(ii) budget appropriations for municipal services and municipal capital projects from
these funds.
(b) The Municipal Services Fund is subject to the same budgetary requirements as the
county's general fund.
(c) (i) Except as provided in Subsection (2)(c)(ii), the county may deposit revenue
derived from any taxes otherwise authorized by law, income derived from the investment of
money contained within the municipal services fund and the municipal capital projects fund, the
appropriate portion of federal money, and fees collected into a municipal services fund and a
municipal capital projects fund.
(ii) The county may not deposit revenue derived from a fee, tax, or other source based
upon a countywide assessment or from a countywide service or function into a municipal
services fund or a municipal capital projects fund.
(d) The maximum accumulated unappropriated surplus in the municipal services fund, as
determined prior to adoption of the tentative budget, may not exceed an amount equal to the total
estimated revenues of the current fiscal period.
Amended by Chapter 329, 2007 General Session
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Last revised: Thursday, May 28, 2009