2006 Utah Code - 17A-1-408 — Budget required for certain funds -- Capital projects fund.

     17A-1-408.   Budget required for certain funds -- Capital projects fund.
     (1) The budget officer shall prepare for each budget year a budget for each of the following funds:
     (a) the general fund;
     (b) special revenue funds;
     (c) debt service funds;
     (d) capital projects funds;
     (e) proprietary funds, in accordance with Section 17A-1-432; and
     (f) any other fund or funds for which a budget is required by the uniform system of budgeting, accounting, and reporting.
     (2) Major capital improvements financed by general obligation bonds, capital grants, or interfund transfers shall use a capital projects fund budget unless the improvements financed are to be used for proprietary type activities. The district shall prepare a separate budget for the term of the projects as well as the annual budget required under Subsection (1).

Renumbered and Amended by Chapter 186, 1990 General Session