GroundRules
C.R.S. § 31-25-617: Reserve fund.
Where this section sits in the code
- Title 31 - GOVERNMENT - MUNICIPAL
- Article 25 - Public Improvements
- Part 6 - IMPROVEMENT DISTRICTS IN MUNICIPALITIES (1949 ACT)
When any indebtedness has been incurred by a district, it is lawful for the board to levy taxes and collect revenue for the purpose of creating a reserve fund in such amount as the board may determine which may be used to meet the obligations of the district for operating charges and depreciation and to provide extensions of and betterments to the improvements of the district.
Collected 2026-09-14T18:37:45Z. Source file · JSON