South Dakota § 9-21-32 Internal service fund for equipment purchases authorized--Equipment defined.

South Dakota Statutes

§ 9-21-32 — Internal service fund for equipment purchases authorized--Equipment defined.

South Dakota·Title 9 MUNICIPAL GOVERNMENT·Ch. 9-18 TAX LEVIES AND APPROPRIATIONS

The governing body of a municipality may by resolution create an internal service fund to provide for the acquisition of equipment. Moneys may be budgeted and transferred to the fund from any source which may lawfully be used for such purpose, including equipment usage charges on any municipal department or agency. For purposes of this section, the term, equipment, includes machinery, motor vehicles, and any other equipment or personal property.

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The governing body of a municipality may by resolution create an internal service fund to provide for the acquisition of equipment. Moneys may be budgeted and transferred to the fund from any source which may lawfully be used for such purpose, including equipment usage charges on any municipal department or agency. For purposes of this section, the term, equipment, includes machinery, motor vehicles, and any other equipment or personal property.

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