Oklahoma Statutes
§ 11-17-109 — Capital improvement fund - Authority to create.
Oklahoma·Title 11 Cities And Towns
The municipal governing body may create a capital improvement fund and place in the fund any money available to the municipality. Money in the fund may be accumulated from year to year. The fund shall be nonfiscal and shall not be considered in computing any levy when the municipality makes its estimate to the excise board for needed appropriations. Money in the capital improvement fund may be expended for any capital improvement.
Free access — add to your briefcase to read the full text and ask questions with AI
Oklahoma § 11-17-109 (Capital improvement fund - Authority to create.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1977, c. 256, § 17-109, eff. July 1, 1978; Laws 1991, c. 124, § 4, eff. July 1, 1991.
Nearby Sections
15
§ 11-1-101
Short title.§ 11-1-102
Definitions.§ 11-1-103
Saving vested rights.§ 11-10-102
Governing body.§ 11-10-103
Qualifications of councilmembers.§ 11-10-104
Election of mayor and vice-mayor.§ 11-10-105
Duties of mayor and vice-mayor.§ 11-10-108
Council - Meetings.§ 11-10-109
Council - Quorum - Rules and voting.§ 11-10-111
Compensation of elective officers.