10-18-301. Enterprise funds for broadband, cable television, or public telecommunications services.
(1) A municipality that provides a broadband service, a cable television service, or a public telecommunications service under this chapter: shall establish separate enterprise funds to account for the municipality's operations of a broadband service, cable television service, or public telecommunications service; may fund the services through: revenues earned from operation of the broadband, cable television, or public telecommunications service; or revenue bonds or government obligation bonds authorized in Section; 10-18-302 may, for accounting purposes only, account for the municipality's broadband services, cable television services, and public telecommunications services in a single enterprise fund under; Chapter 6, Uniform Fiscal Procedures Act for Utah Cities shall, consistent with the requirements of Section, adopt separate operating and capital budgets for the municipality's: 10-6-135 broadband services; cable television services; and public telecommunications services; may not transfer any appropriation or other balance in any enterprise fund established by the municipality under this section to another enterprise fund; may not transfer any appropriation or other balance in any other enterprise fund established by the municipality under, to any enterprise fund established by the municipality under this section; Chapter 6, Uniform Fiscal Procedures Act for Utah Cities shall maintain separation between the municipality's role as a competitive provider of a broadband service, cable television service, or public telecommunications service, and the municipality's role as a regulator over private providers that offer a service in competition with the service offered by the municipality, including with respect to the personnel, real property, operational capabilities, and other resources between these separate functions; and may not share any non-public information between employees or contractors responsible for executing the municipality's role as a competitive provider of a broadband service, cable television service, or public telecommunications service, and employees or contractors responsible for executing the municipality's role as a regulator over private providers that offer a service in competition with a service offered by the municipality.
(2) The restrictions on transfers described in Subsections (1)(e) and (f) do not apply to transfers made by a municipality between other enterprise funds established by the municipality.