(a) The Morgan County Commission may appropriate from the county general fund an amount not exceeding twenty-five thousand dollars ($25,000) for the fiscal year ending September 30, 1980, for a contingent fund to be used for such purposes as the commission may deem appropriate, and thereafter to appropriate annually from the county general fund an amount not exceeding fifteen thousand dollars ($15,000) to the contingent fund to be used for such purposes as the commission may deem appropriate.
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Terms Used In Alabama Code 45-52-71

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • year: means a calendar year; but, whenever the word "year" is used in reference to any appropriations for the payment of money out of the treasury, it shall mean fiscal year. See Alabama Code 1-1-1
(b) Any funds appropriated for a fiscal year which remain unexpended at the end of such fiscal year shall revert to the county general fund.
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