Utah § 17-63-803 Reserve fund for capital improvements -- Creation -- Purpose -- Limitation.

Utah Statutes

§ 17-63-803 — Reserve fund for capital improvements -- Creation -- Purpose -- Limitation.

Utah § 17-63-803

Title 17Counties

Ch. 17-63Fiscal Authority and Processes

Part 17-63-8Specified Services, Special Funds, Interfund Loans

This text of Utah § 17-63-803 (Reserve fund for capital improvements -- Creation -- Purpose -- Limitation.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 17-63-803 (2026).

Text

(1)The legislative body of any county may establish and maintain, by ordinance, a cumulative reserve fund to be accumulated by levy for the purpose of financing the purchase of real property and the cost of planning, constructing or rehabilitating public buildings or other public works and capital improvements.

(2)(2)(a) Before a reserve fund under Subsection (1) may be established, the county legislative body shall designate by ordinance the specific purpose for which the fund is established.

(2)(b) Except as provided in Section 17-63-805, all funds in a reserve fund under Subsection (1) shall be expended for the designated purposes.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) The legislative body of any county may establish and maintain, by ordinance, a cumulative reserve fund to be accumulated by levy for the purpose of financing the purchase of real property and the cost of planning, constructing or rehabilitating public buildings or other public works and capital improvements.
(2) (2)(a) Before a reserve fund under Subsection (1) may be established, the county legislative body shall designate by ordinance the specific purpose for which the fund is established.
(2)(b) Except as provided in Section 17-63-805, all funds in a reserve fund under Subsection (1) shall be expended for the designated purposes.