255.511 Factors to be considered in establishing rental rates.
78 words·~1 min read·
/fl/title-xviii/chapter-255/255-511A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)The Department of Management Services shall prepare a complete annual budget for debt service on obligations issued under this act and for capital depreciation reserve deposits and expenses included in the operation and maintenance of each facility in the pool.
(2)The amount included in the budget for capital depreciation reserve deposits shall be an appropriate amount determined in accordance with generally accepted governmental accounting principles, for economic obsolescence and depreciation of each facility in the pool.