Insurance, self-insurance, and risk pooling funds.

A city may credit funds to a fund or funds for the purposes authorized by section 364.4, subsection 5 ; section 384.12, subsection 3 ; or section 384.24, subsection 3 , paragraph “s” . Moneys credited to the fund or funds, and interest earned on such moneys, shall remain in the fund or funds until expended for purposes authorized by section 364.4, subsection 5 ; section 384.12, subsection 3 ; or section 384.24, subsection 3 , paragraph “s” . 86 Acts, ch 1211, §25 ; 2023 Acts, ch 71, §17, 19 2023 amendment applies to taxes and budgets for fiscal years beginning on or after July 1, 2024; 2023 Acts, ch 71, §19