201.190 Budgets -- Accounting system.

240 words·~1 min read·/ky/chapter-201/201-190

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)When the fiscal court of the county and the city legislative body make the

appropriations authorized by KRS 201.160 and 201.170, the board shall prepare and

certify to the fiscal court of the county and the legislative body of the city for their

approval:

(a)A revised budget setting forth the receipts, funds and assets from all sources,

available and estimated to become available for expenditure during the next

succeeding fiscal year, for the purposes named in KRS 201.160, and the

estimated expenditures by branches or departments for such year under KRS

201.160; and

(b)A revised budget setting forth the estimated receipts, funds and assets from all

sources available and estimated to become available for expenditure during

the next succeeding fiscal year for the purposes named in KRS 201.170, and

the estimated expenditures by branches or departments for such year under

KRS 201.170.

(2)In making the revised budgets, the board shall allocate the revenues and assets

estimated to be and to become available for such fiscal year, to the various branches

or departments of expenditures to be made under KRS 201.160 and 201.170

respectively, and in making disbursements and expenditures for such fiscal year, the

board shall conform thereto, but in the event of an emergency, the board, with the

approval of the county judge/executive and the mayor, may deviate therefrom.

(3)The board shall inaugurate and maintain a modern and efficient accounting system

in the home.