Colorado § 37-41-120 Fiscal year - directors to fix levy

Colorado Statutes

§ 37-41-120 — Fiscal year - directors to fix levy

Colorado § 37-41-120

Title 37Water and

Art.Irrigation District Law of 1905

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Bluebook

Colo. Rev. Stat. § 37-41-120 (2026).

Text

(1)The fiscal year of each irrigation district in this state shall commence on January 1 in each year. It is the duty of the board of directors on or before October 15 in each year to determine the amount of money required to meet the maintenance, operating, and current expenses for the ensuing fiscal year and to certify by resolution to the board of county commissioners of the county in which the office of the district is located said amount, together with any additional amount which may be necessary to meet any deficiency in the payment of said expenses theretofore incurred. The board of directors may fix the amount payable for any tract containing one acre or less and, if so, similarly shall certify this amount to the board of county commissioners. The board of directors shal

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(1) The fiscal year of each
irrigation district in this state shall commence on January 1 in each year. It is the
duty of the board of directors on or before October 15 in each year to determine the
amount of money required to meet the maintenance, operating, and current
expenses for the ensuing fiscal year and to certify by resolution to the board of
county commissioners of the county in which the office of the district is located
said amount, together with any additional amount which may be necessary to meet
any deficiency in the payment of said expenses theretofore incurred. The board of
directors may fix the amount payable for any tract containing one acre or less and,
if so, similarly shall certify this amount to the board of county commissioners. The
board of directors shall also fix the amount payable by each tract within any district
with which the United States has made a contract and shall certify the same to the
board of county commissioners, and the amount so fixed shall be in accordance
with the federal reclamation laws and the public notices, orders, and regulations
issued thereunder and shall be in compliance with any contracts made by the
United States with any owners of said lands and in compliance further with the
contracts between the district and the United States. The obligation of every
irrigation district contracting with the United States shall be deemed a district debt.
Said resolution shall be termed the annual appropriation resolution for the next
fiscal year, and no expenditure to be paid out of such fund shall exceed in any one
year the amounts fixed for such expenses in the annual appropriation resolution,
except as provided in section 37-41-129.

(2) The annual appropriation resolution described in subsection (1) of this
section must include the amount of money needed to meet loan obligations and all
amounts payable by landowners to the irrigation district in accordance with loans
issued to the landowners pursuant to section 37-41-113 (9) and shall indicate the
amount payable by each tract within the irrigation district for which a landowner
has received a loan.

Legislative History

Source: L. 05: p. 259, � 18. R.S. 08: � 3457. L. 13: p. 384, � 1. L. 15: p. 302, � 1. L. 17: p. 302, � 8. C.L. � 1994. CSA: C. 90, � 394. CRS 53: � 149-1-18. L. 63: p. 1000, � 1. C.R.S. 1963: � 150-1-18. L. 2022: Entire section amended, (HB 22-1092), ch. 84, p. 407, � 5, effective August 10.