Iowa Code 384.8 – Emergency fund
Current as of: 2023 | Check for updates
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Terms Used In Iowa Code 384.8
- and: includes the disjunctive "or" and the use of the disjunctive "or" includes the conjunctive "and" unless the context clearly indicates otherwise. See Iowa Code 384.23
- year: means twelve consecutive months. See Iowa Code 4.1
A city may establish an emergency fund and may certify taxes not to exceed twenty-seven cents per thousand dollars of taxable value each year to be levied for the fund. Transfers may be made from the emergency fund to the general fund as provided in rules promulgated by the city finance committee created in section 384.13.