11-65-405. Project area budget.
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Effective 5/4/2022
11-65-405. Project area budget.
(1)Before the lake authority may use authority funds to implement the management plan, the authority board shall prepare and adopt a project area budget.
(2)The lake authority board may amend an adopted project area budget as and when the lake authority board considers an amendment appropriate.
(3)If the lake authority adopts a budget under Part 6, Lake Authority Budget, Reporting, and Audits , that also meets the requirements of this part, the lake authority need not separately adopt a budget under this part.
Enacted by Chapter 59 , 2022 General Session