Wyoming § 16-12-404 Accumulated reserves or fund surplus

Wyoming Statutes

§ 16-12-404 — Accumulated reserves or fund surplus

Wyoming § 16-12-404

Title 16City, County, State and Local Powers

Ch. 12SPECIAL DISTRICTS

Art. 4ADMINISTRATION OF FINANCES

This text of Wyoming § 16-12-404 (Accumulated reserves or fund surplus) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 16-12-404 (2026).

Text

(a)A special district or other specified entity may accumulate reserves in any fund. With respect to the general fund the accumulated fund balance may be used to meet any legal obligation of the special district or other specified entity or to:

(i)Provide cash to finance expenditures from the beginning of the budget year until property taxes and other revenues are collected; or

(ii)Provide a reserve to meet emergency expenditures.

(b)Money in the reserves may be allowed to accumulate from year to year until the accumulated total is sufficient for specified purposes in accordance with reserve policy.

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(a) A special district or other specified entity may
accumulate reserves in any fund. With respect to the general
fund the accumulated fund balance may be used to meet any legal
obligation of the special district or other specified entity or
to:
(i) Provide cash to finance expenditures from the
beginning of the budget year until property taxes and other
revenues are collected; or
(ii) Provide a reserve to meet emergency
expenditures.
(b) Money in the reserves may be allowed to accumulate
from year to year until the accumulated total is sufficient for
specified purposes in accordance with reserve policy.