Title 9, Public Finances

The purpose of this part is to enable local governments in this state to participate in a pooled investment fund for the investment of idle public funds. For purposes of this part, the local governments that can participate in the fund are those entities listed in § 9-1-107(b). T…

The local government investment pool in existence as of April 14, 2022, remains in full force and effect if and until the state funding board terminates the fund pursuant to this part, and is subject to the provisions of this part. The funds invested in the local government inves…

(1) The state funding board may:(1) Establish and reestablish a local government investment pool that is subject to § 9-4-602, consisting of the aggregate of all participating local government funds placed in the custody of the state treasurer, subsequent to the termination of th…

(1) The state treasurer may:(1) Implement and administer the local government investment pool, including, but not limited to, effectuating the decisions of the state funding board and any delegated duties;(2) Approve each participant's application and agreement to participate in …

(a) A local government desiring to participate in the local government investment pool shall submit an application and agreement on a form prescribed by the state treasurer with a resolution passed by the local government's governing body demonstrating approval to participate in …

(a) All investments purchased in the fund belong jointly to the fund participants and the participants must share capital gains, income, and losses on a pro rata basis. (b) In the event that the local government investment pool experiences a negative interest rate, it may result …

(1) As used in this part:(1) “Bullion” means precious metals that are formed into uniform shapes and quantities such as ingots, bars, or plates, with uniform content and purity, as are suitable for or customarily used in the purchase, sale, storage, transfer, and delivery of bulk…

(a) Subject to appropriation, the state treasurer may purchase and sell gold or precious metal bullion or specie that will be directly owned by the state, and in the custody of the state treasurer. (b) The state treasurer may make and enter into contracts, trust instruments, agre…

There is hereby created within the general fund a special account to be known as the “state office buildings and support facilities revolving fund.”

Any unencumbered funds and any unexpended balance of the fund remaining at the end of any fiscal year shall not revert to the general fund, but shall be carried forward until expended in accordance with this part.

Interest accruing on investments and deposits of the fund shall be returned to the fund and remain a part of the fund.

Moneys in the fund shall be invested by the state treasurer for the benefit of the fund pursuant to § 9-4-603. The fund shall be administered by the commissioner of general services in accordance with policy established by the state building commission.

(1) The state office buildings and support facilities revolving fund is to provide for:(1) Operating expenses for office buildings and support facilities;(2) Debt service payments on general obligation bonds authorized to build or acquire office buildings and support facilities;(…

Notwithstanding any law to the contrary, there shall be deposited in the fund any and all appropriations made either in the general appropriations act, including any rents for leased state facilities covered by the fund, or in any other act which is for the purpose of funding the…

Lease payments for space occupied by state agencies, including the legislative and judicial branches, shall be established by policy issued by the commissioner of general services and approved by the state building commission; provided, however, that until such time as a policy s…