Okla. Stat. tit. 19, § 19-347

annual expenditure or indebtedness – Warrants - Limitation of

alterations to computer software.

A. With respect to counties seeking cash-flow management during

any fiscal year, any county may issue and deliver certificates of

indebtedness bearing a stated maturity date for the purpose of

participating in a short-term cash management program pursuant to

the provisions of Section 177.2 of Title 60 of the Oklahoma Statutes

to fund the estimated costs of operations, capital expenditures or

other lawful costs of the county, or any of its public trusts as

operator of its property, for the current fiscal year. The proceeds

of certificates of indebtedness shall be set aside in a separate

account and used only for the purpose of meeting expenditures and

obligations which would otherwise be lawfully payable from the

revenue certified by the county excise board. As proceeds from the

certificates are used to pay such lawful expenditures and

obligations, the financial records of the county shall reflect the

amounts of these obligations paid with such proceeds so that a like

amount of revenue collected and available to the county may be used

to repay the certificates of indebtedness, in whole or in part. The

State Auditor and Inspector shall adopt uniform accounting

procedures for use by the counties to ensure that the issuance of

certificates of indebtedness and the use of the proceeds derived

from these certificates will be documented and will not result in a

district overspending its authorized budget. All certificates of

indebtedness shall be issued, delivered and registered for payment

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in the specific manner designated by the State Auditor and

Inspector; provided, any such certificates of indebtedness shall be

made payable on any date within the then current fiscal year and may

be purchased for value through the funding of uncollateralized

investments made for the benefit of and on behalf of the county.

Short-term cash management programs of any county may lawfully

provide for the investment of note, bond or certificate proceeds by

the issuer of the obligations with the benefit and use of such

proceeds assured to the county when needed by the county. Monies

remaining in any such investment agreement or investments may be

applied to or credited for the payment of the certificate of

indebtedness by trust instruction when due in a like and similar

manner provided for the transfer of monies by subsection J of

Section 5-135 of Title 70 of the Oklahoma Statutes. In no case may

a county participate in a short-term cash management program in any

given fiscal year beyond that fiscal year. Monies received by a

county pursuant to a short-term cash management program may be used

only for those purposes for which other monies of the county may be

lawfully expended.

B. It shall be unlawful for the board of county commissioners

to issue any certificate of indebtedness, in any form, in payment of

or representing or acknowledging any account, claim, or indebtedness

against the county, or to make any contracts for or incur any

indebtedness against the county in excess of the amount then

unexpended and unencumbered of the sum appropriated for the specific

item of estimated needs for such purpose theretofore made,

submitted, and approved or authorized for such purpose by a bond

issue. All warrants upon the county treasurer, for a county

purpose, shall be issued upon the order of the board of county

commissioners, drawn by the county clerk, signed by the chairman of

the board, and attested by the signature of the county clerk, with

the county seal attached. Each warrant shall designate the fund,

department and appropriation account, and shall further show the

nature of the indebtedness acknowledged by the allowance of the

claim so paid.

C. Whenever a county officer holding an elective office will
ers, drawn by the county clerk, signed by the chairman of

the board, and attested by the signature of the county clerk, with

the county seal attached. Each warrant shall designate the fund,

department and appropriation account, and shall further show the

nature of the indebtedness acknowledged by the allowance of the

claim so paid.

C. Whenever a county officer holding an elective office will

not immediately serve a succeeding term in the same office, it shall

be unlawful for the board of county commissioners, during the first

six (6) months of the fiscal year in which said term of office

expires, to approve claims for the operation of said office totaling

in excess of one-half (1/2) the amount allocated for the operation

of said office during said fiscal year, unless approval in writing

is obtained from the county excise board, and any claim in excess

thereof and any warrant issued pursuant thereto shall be null and

void.

D. It shall also be unlawful for a county officer holding

elective office who will not immediately serve a succeeding term in

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the same office to make any changes or alterations in the licensing

or source code of computer software currently being used.