KRS 162.370: Maintenance fund surplus.
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 or buildings during the remaining portion of the calendar or fiscal year, as may
be provided by the resolution adopted under KRS 162.360 and the cost of maint aining
and operating the building or buildings the succeeding like calendar or fiscal year, the
excess over such amount may be transferred at any time by the governing body to the
sinking fund or may be used for any improvements, extensions, or additions t o the
building or buildings.
Collected 2026-09-05T20:51:12Z. Source file · JSON