7-6-4012. Fee based budgets -- adjustable appropriation.
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7-6-4012 . Fee based budgets -- adjustable appropriation.
(1)In its final budget resolution, the governing body may authorize adjustments to appropriations funded by fees throughout the budget period. Adjustable appropriations are:
(a)proprietary fund appropriations; or
(b)other appropriations specifically identified in the local government's final budget resolution as fee-based appropriations.
(2)Adjustments of fee-based appropriations must be:
(a)based upon the cost of providing the services supported by the fee; and
(b)fully funded by the related fees for services, fund reserves, or nonfee revenue such as interest.