| (1) |
Terms Used In Utah Code 17-36-9- Budget: means a plan for financial operations for a fiscal period, embodying estimates for proposed expenditures for given purposes and the means of financing the expenditures. See Utah Code 17-36-3
- Budget period: means the fiscal period for which a budget is prepared. See Utah Code 17-36-3
- Countywide service: means a service provided in both incorporated and unincorporated areas of a county. See Utah Code 17-36-3
- Fiscal period: means the annual or biennial period for recording county fiscal operations. See Utah Code 17-36-3
- Fund: means an independent fiscal and accounting entity comprised of a sum of money or other resources segregated for a specific purpose or objective. See Utah Code 17-36-3
- General fund: is a s defined by the Governmental Accounting Standards Board as reflected in the Uniform Accounting Manual for All Local Governments prepared by the Office of the Utah State Auditor. See Utah Code 17-36-3
- Unappropriated surplus: means that part of a fund which is not appropriated for an ensuing budget period. See Utah Code 17-36-3
| (a) |
The budget for each fund shall provide a complete financial plan for the budget period and shall contain in tabular form classified by the account titles as required by the uniform system of budgeting, accounting, and reporting:
| (i) |
estimates of all anticipated revenues; |
| (ii) |
all appropriations for expenditures; and |
| (iii) |
any additional data required by Section 17-36-10 or by the uniform system of budgeting, accounting, and reporting. |
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| (b) |
The total of appropriated expenditures shall be equal to the total of anticipated revenues. |
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| (2) |
| (a) |
Each first-, second-, and third-class county that provides municipal-type services under Section 17-34-1 shall:
| (i) |
establish a special revenue fund, “Municipal Services Fund,” and a capital projects fund, “Municipal Capital Projects Fund,” or establish a special district or special service district to provide municipal services; and |
| (ii) |
budget appropriations for municipal services and municipal capital projects from these funds. |
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| (b) |
The Municipal Services Fund is subject to the same budgetary requirements as the county general fund. |
| (c) |
| (i) |
Except as provided in Subsection (2)(c)(ii), the county may deposit revenue derived from any taxes otherwise authorized by law, income derived from the investment of money contained within the municipal services fund and the municipal capital projects fund, the appropriate portion of federal money, and fees collected into a municipal services fund and a municipal capital projects fund. |
| (ii) |
The county may not deposit revenue derived from a fee, tax, or other source based upon a countywide assessment or from a countywide service or function into a municipal services fund or a municipal capital projects fund. |
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| (d) |
The maximum accumulated unappropriated surplus in the municipal services fund, as determined prior to adoption of the tentative budget, may not exceed an amount equal to the total estimated revenues of the current fiscal period. |
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Amended by Chapter 15, 2023 General Session
