South Dakota Statutes

§ 46A-14-67 — Annual operation and maintenance budget, provisions--Reserve fund.

South Dakota § 46A-14-67
JurisdictionSouth Dakota
Title 46AWATER MANAGEMENT
Ch. 46A-13WATERSHED DISTRICTS

This text of South Dakota § 46A-14-67 (Annual operation and maintenance budget, provisions--Reserve fund.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 46A-14-67 (2026).

Text

The annual operation and maintenance budget shall include provisions for accumulation of a reserve fund for extraordinary maintenance or operation. The amount budgeted each year for the reserve fund shall be at least ten percent of the estimated cost of the annual routine operation and maintenance. Annual increments for the reserve fund shall be budgeted whenever the balance in the accumulated reserve fund is less than the current annual operation and maintenance budget. Expenditures from the reserve fund may be made by the managers whenever, in their judgment, extraordinary operation or maintenance of the project works is necessary.

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Legislative History

SL 1957, ch 492, § 27; SL 1959, ch 452, § 21; SDC Supp 1960, § 61.1527; SDCL, § 46-24-66.

Nearby Sections

15
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Bluebook (online)
South Dakota § 46A-14-67, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/46A-14-67.