3 chapters · 182 sections in this title.
KRS § 58.070 Maintenance, operating and depreciation funds -- Rentals, rates and charges
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charges. At or before the issuance of bonds the governmental agency shall, by order, resolution or ordinance, set aside and pledge the income and revenue of the public project including rents, royalties, fees and proceeds of sales of property and from rates and charges for servic…
KRS § 58.080 Transfer of surplus to depreciation account
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If a surplus is accumulated in the operating and maintenance funds equal to the cost of maintaining and operating the public project during the remainder of the calendar, operating or fiscal year, and during the succeeding like year, any excess over such amount may be transferred…
KRS § 58.090 Expenditure and investment of depreciation fund
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The funds accumulating to the depreciation account shall be expended in balancing depreciation in the public project or in making new constructions, extensions or additions thereto. Any such accumulations may be invested as the governmental agency may designate, and if invested t…
KRS § 58.100 Refunding bonds
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The governmental agency may issue new bonds to provide funds for the payment of any outstanding bonds, in accordance with the procedure prescribed by KRS 58.010 to 58.140. The new bonds shall be secured to the same extent and shall have the same source of payment as the bonds ref…