Okla. Stat. tit. 19, § 19-1409
This is the official text of Okla. Stat. tit. 19, § 19-1409, part of Oklahoma’s Stat. tit. 19, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 19,." Browse the sections below, each linked to its official government source.
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Adoption of budget - Capital projects fund budget -
Official statutory text
Reserve fund.
A. All budgets comprising normal operations of the county shall
be adopted for a fiscal year. Major capital improvements financed
by general obligation bonds, capital grants or contributions shall
use a capital projects fund budget. The term of the budget shall
coincide with the term of the individual project or projects. To
the extent appropriate, the requirements for preparation, adoption
and execution of the budgets described in Section 1408 of this
title, as hereinafter set forth in this act, shall apply to budgets
of capital projects funds.
B. In addition to a capital projects fund, the county may
establish a reserve fund to meet unforeseen contingencies which may
occur throughout the fiscal year.
A. All budgets comprising normal operations of the county shall
be adopted for a fiscal year. Major capital improvements financed
by general obligation bonds, capital grants or contributions shall
use a capital projects fund budget. The term of the budget shall
coincide with the term of the individual project or projects. To
the extent appropriate, the requirements for preparation, adoption
and execution of the budgets described in Section 1408 of this
title, as hereinafter set forth in this act, shall apply to budgets
of capital projects funds.
B. In addition to a capital projects fund, the county may
establish a reserve fund to meet unforeseen contingencies which may
occur throughout the fiscal year.
Status: in_force · Read it on the official government site
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