Tennessee Code 67-4-2909 – Adoption of capital improvement program required
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Terms Used In Tennessee Code 67-4-2909
- Capital improvement program: means a proposed schedule of future capital projects, listed in order of construction priority, together with cost estimates and the anticipated means of financing each project requiring the expenditure of public funds, over and above the annual local government operating expenses, for the purchase, construction, or replacement of physical assets. See Tennessee Code 67-4-2903
- Governing body: means the county legislative body or metropolitan council. See Tennessee Code 67-4-2903
A governing body shall not levy a tax pursuant to this part, unless it has adopted a capital improvement program. The adopted capital improvement program may be amended by the governing body.