Colorado § 37-42-125 Fiscal year - appropriation resolution

Colorado Statutes

§ 37-42-125 — Fiscal year - appropriation resolution

Colorado § 37-42-125

Title 37Water and

Art.Irrigation District Law of 1921

This text of Colorado § 37-42-125 (Fiscal year - appropriation resolution) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 37-42-125 (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, in accordance with the schedule prescribed by section 39-5-128, C.R.S., to determine the amount of money required to meet the maintenance, operating, and current expenses for the ensuing fiscal year and to certify said amount by resolution to the board of county commissioners of the county in which the office of the district is located, together with such additional amounts as 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 commiss

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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, in accordance with the schedule prescribed by
section 39-5-128, C.R.S., to determine the amount of money required to meet the
maintenance, operating, and current expenses for the ensuing fiscal year and to
certify said amount by resolution to the board of county commissioners of the
county in which the office of the district is located, together with such additional
amounts as 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.

(2) 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 resolution shall be termed the annual appropriation resolution
for the next fiscal year, and any debt or liability incurred or warrant issued in excess
of the amount therein stated shall be absolutely void, except upon express
authority conferred by the landowners at a general or special election.

(3) The annual appropriation resolution described in subsection (2) 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 37-42-113 (5) 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. 21: p. 539, � 25. C.L. � 2081. CSA: C. 90, � 456. CRS 53: � 149-2-35. L. 63: p. 1003, � 4. C.R.S. 1963: � 150-2-25. L. 77: (1) amended, p. 1515, � 85, effective July 15. L. 2022: (3) added, (HB 22-1092), ch. 84, p. 406, � 2, effective August 10.