2020 Colorado Revised Statutes
Title 29 - Government - Local
Article 1. Budget and Services
Section 29-1-114. Record of expenditures.
The officer or employee of the local government whose duty it is to disburse moneys or issue orders for the payment of money shall keep in his office a record showing the amounts authorized by the appropriation and the expenditures drawn against the same and also a record of the transfer of moneys from one fund to another and of any authorized additional expenditures as provided in section 29-1-111. Such record shall be kept so that it will show at all times the unexpended balance in each of the appropriated funds or spending agencies. Such officer or employee shall report on such record as may be required by the governing body. No such officer or employee shall disburse any moneys or issue orders for the payment of money in excess of the amount available as shown by said record or report.
Source: L. 90: Entire part R&RE, p. 1435, § 1, effective January 1, 1991.
Editor's note: This section is similar to former § 29-1-117 as it existed prior to 1990.
