59-2-1605. Accounting records for levies -- Records -- Report to Legislature, commission -- Budget to Division of Finance.
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Effective 1/1/2026
59-2-1605. Accounting records for levies -- Records -- Report to Legislature, commission -- Budget to Division of Finance.
(1)Each county shall separately budget and account for the use of any money the county receives or spends from a levy the county imposes in accordance with Section 59-2-1602 .
(2)The program manager shall separately budget and account for the use of any revenue received from the fund.
(3)On or before October 1 of each year, the program manager shall submit an electronic report to the Revenue and Taxation Interim Committee and the commission that contains:
(a)a financial report that includes:
(i)the amount of revenue allocated to the program manager for the current calendar year; and
(ii)a summary of the uses of the revenue during the current calendar year; and
(b)a status report on:
(i)the development, enhancement, and implementation of the statewide property tax system and the statewide web portals described in Section 59-2-1606 ; and
(ii)achievement of the performance metrics described in Section 59-2-1606 .
(4)On or before December 31 of each year, the program manager shall submit a detailed budget for the upcoming calendar year to the Division of Finance.
(5)For the calendar year that begins on January 1, 2026, the program manager shall submit a detailed budget for the current year to the Division of Finance on May 6, 2026.
Amended by Chapter 274 , 2026 General Session