KRS 162.250: Maintenance fund surplus to be transferred to sinking fund.
Where this section sits in the code
- KRS Chapter 162
If a surplus is accumulated in the maintenance fund equal to the cost of maintaining the
building during the remainder of the calendar or fiscal year, as may be provided by the
ordinance required by KRS 162.230, and the cost of maintaining and operating th e
building for the succeeding like calendar or fiscal year, the excess over such amount shall
be transferred to the sinking fund.
Collected 2026-09-05T20:51:12Z. Source file · JSON