Title 11, Title 11: Cities, Counties, and Local Taxing Units

11-13-501. Definitions. As used in this part: (1) "Appropriation" means an allocation of money by the governing board in a budget for a specific purpose. (2) "Budget" means a plan of financial operations for a fiscal year that embodies estimates of proposed expenditures for given…

11-13-502. Application -- Conflicts with federal law -- Other applicable law. (1) This part does not apply to a taxed interlocal entity as defined in Section. 11-13-602 (2) Except as provided in Subsection, and notwithstanding any other provision of law, this part governs an inte…

11-13-503. Fiscal year. The fiscal year of an interlocal entity shall be, as determined by the governing board: (1) the calendar year; or (2) the period from July 1 to the following June 30.

11-13-504. Uniform accounting system. An interlocal entity shall: (1) establish and maintain the interlocal entity's accounting records, and financial statements prepared from those records, as required by generally accepted accounting principles; and (2) adopt and implement inte…

11-13-505. Funds and account groups maintained. An interlocal entity shall establish and maintain, according to its own accounting needs, some or all of the funds and account groups in its system of accounts, as required by generally accepted accounting principles.

11-13-506. Budget required for certain funds -- Capital projects fund. (1) The budget officer shall prepare for each budget year a budget, subject to Section, for each of the following funds, to the extent applicable: 11-13-507 the general fund; each special revenue fund, as that…

11-13-507. Total of revenues to equal expenditures. (1) The budget under Sectionshall provide a financial plan for the budget year. 11-13-506 (2) Each budget shall specify in tabular form: estimates of all anticipated revenues; and all appropriations for expenditures. (3) The tot…

11-13-508. Tentative budget to be prepared -- Review by governing body. (1) On or before the first regularly scheduled meeting of the governing board in November for a calendar year entity and May for a fiscal year entity, the budget officer of an interlocal entity shall prepare …

11-13-509. Hearing to consider adoption -- Notice. (1) At the meeting at which the tentative budget is adopted, the governing board shall: establish the time and place of a public hearing to consider its adoption; and except as provided in Subsection, order that notice of the hea…

11-13-510. Public hearing on tentatively adopted budget. At the time and place advertised, or at any time or any place to which the public hearing may be adjourned, the governing board shall: (1) hold a public hearing on the budgets tentatively adopted; and (2) give interested pe…

11-13-511. Continuing authority of governing body. After the conclusion of the public hearing held in accordance with Section, the governing board: (1) may: continue to review the tentative budget; insert any new item; or increase or decrease items of expenditure in the tentative…

11-13-512. Accumulated fund balances -- Limitations -- Excess balances -- Unanticipated excess of revenues -- Reserves for capital projects. (1) An interlocal entity may accumulate retained earnings or fund balances, as appropriate, in any fund. For the interlocal entity general …

11-13-513. Appropriations not to exceed estimated expendable revenue -- Appropriations for existing deficits. (1) The governing board of an interlocal entity may not make an appropriation in the final budget of a fund in excess of the estimated expendable revenue for the budget y…

11-13-514. Adoption of final budget -- Certification and filing. (1) Except as provided in Sectionsthrough, the governing board of an interlocal entity shall by resolution adopt prior to the beginning of the fiscal year a budget for the ensuing fiscal year for each fund for which…

11-13-515. Budgets in effect for budget year. (1) Upon final adoption, each budget shall be in effect for the budget year, subject to amendment as provided in this part. (2) An interlocal entity shall file a copy of the adopted budgets in the interlocal entity's office and make i…

11-13-516. Purchasing procedures. An interlocal entity shall make an expenditure or incur an obligation according to the purchasing procedures established by an interlocal entity by resolution and only by order or approval of a person duly authorized.

11-13-517. Expenditures or encumbrances in excess of appropriations prohibited. An interlocal entity may not make or incur an expenditure or encumbrance in excess of total appropriations in the budget as adopted or as subsequently amended, except as provided in Section.

11-13-518. Transfer of appropriation balance between accounts in same fund. (1) The governing board of an interlocal entity shall establish policies for, subject to Subsection, the transfer of any unencumbered or unexpended appropriation balance or portion of the balance from one…

11-13-519. Review of individual governmental fund budgets -- Hearing. (1) The governing board of an interlocal entity may, at any time during the budget year, review an individual budget of the governmental fund for the purpose of determining if the total of an individual budget …

11-13-520. Amendment and increase of individual fund budgets. (1) After holding the public hearing required under Section, the governing board may, by resolution, amend the budgets of the funds proposed to be increased, so as to make all or part of the increases, both estimated r…

11-13-521. Emergency expenditures. The governing board of an interlocal entity may, by resolution, amend a budget and authorize an expenditure of money that results in a deficit in the interlocal entity general fund balance if: (1) the board determines that: an emergency exists; …

11-13-522. Lapse of appropriations -- Exceptions. All unexpended or unencumbered appropriations, except capital projects fund appropriations, lapse at the end of the budget year to the respective fund balance.

11-13-523. Loans by one fund to another. (1) Subject to this section, restrictions imposed by bond covenants, restrictions in Section, or other controlling regulations, the governing board of an interlocal entity may authorize an interfund loan from one fund to another. 53-2a-605…

11-13-524. Operating and capital budgets for proprietary funds. (1) As used in this section, "operating and capital budget" means a plan of financial operation for a proprietary or other required special fund, including estimates of operating and capital revenues and expenses for…

11-13-525. Increase in appropriations for operating and capital budget fund -- Notice. (1) The total budget appropriation of a fund described in Sectionmay be increased by resolution of the governing board at a regular meeting, or special meeting called for that purpose, if writt…

11-13-526. Deposit of interlocal entity funds -- Commingling with personal funds prohibited -- Suspension from office. (1) The treasurer of an interlocal entity shall promptly deposit all interlocal entity funds in the appropriate bank accounts of the interlocal entity. (2) It is…

11-13-527. Quarterly financial reports required. The interlocal entity clerk or other delegated person shall prepare and present to the governing board a detailed quarterly financial report showing the financial position and operations of the interlocal entity for that quarter an…

11-13-528. Annual financial reports -- Audit reports. (1) Within 180 days after the close of each fiscal year, the interlocal entity shall prepare an annual financial report in conformity with generally accepted accounting principles as prescribed in the Uniform Accounting Manual…

11-13-529. Audits required. (1) An interlocal entity shall facilitate an audit of the interlocal entity in accordance with. Title 51, Chapter 2a, Accounting Reports from Political Subdivisions, Interlocal Organizations, and Other Local Entities Act (2) The governing board shall a…

11-13-530. Interlocal entity may expand uniform procedures -- Limitation. (1) Subject to Subsection, an interlocal entity may expand a uniform accounting, budgeting, or reporting procedure required by generally accepted accounting principles, to better serve the needs of the inte…

11-13-531. Imposing or increasing a fee for service provided by interlocal entity. (1) The governing board shall fix the rate for a service or commodity provided by the interlocal entity. (2) Before imposing a new fee or increasing an existing fee for a service provided by an int…

11-13-532. Residential fee credit. (1) An interlocal entity may create a fee structure under this chapter that permits: a home owner or residential tenant to file for a fee credit for a fee charged by the interlocal entity, if the credit is based on: the home owner's annual incom…

11-13-533. Public agency insurance mutuals and reserve funds -- Investment standard for public agency insurance mutuals. (1) A public agency insurance mutual or reserve fund may form one or more captive insurance companies in accordance with Title 31A, Chapter 37, Captive Insuran…

11-13-601. Title. This part is known as "Taxed Interlocal Entities."

11-13-602. Definitions. As used in this part: (1) "Asset" means funds, money, an account, real or personal property, or personnel. (2) "Associated entity" means a taxed interlocal entity that adopts a segment's organizing resolution. "Associated entity" does not include any other…

11-13-603. Taxed interlocal entity. (1) Except for purposes of an audit, examination, investigation, or review by the legislative auditor general as described in Subsectionand notwithstanding any other provision of law: (8) the use of an asset by a taxed interlocal entity does no…

11-13-604. Segments authorized. (1) If a taxed interlocal entity is a project entity, and to the extent authorized in a taxed interlocal entity's organization agreement or by a majority of the public entities that are parties to a taxed interlocal entity's organization agreement,…

11-13-605. Notice of limitation on liabilities of segments. (1) A notice of limitation on liabilities of a segment described in Subsectionshall: 11-13-604(2)(e) state: the name of the segment's associated entity; the associated entity's indexed office; the associated entity's pri…

11-13-606. Members of a segment. (1) Except as otherwise provided by a segment's organizing resolution in accordance with Subsection, a segment's associated entity is the sole member of the segment. (2) (2) A segment's organizing resolution may provide that a segment's membership…

11-13-607. Limitations of liability for directors and officers. (1) A director or an officer of a taxed interlocal entity or a segment is not liable to the taxed interlocal entity, the segment, a member of the taxed interlocal entity, a member of the segment, a conservator, recei…

11-13-608. Termination of associated entity or segment. (1) The termination of a segment does not affect the segment's or the segment's associated entity's limitation on liabilities under this part. (2) A segment is terminated upon the termination of the segment's associated enti…