KRS 48.720: Lapse of appropriated general or road fund debt service for canceled

projects and excess amounts.

In the event that any authorized capital construction or equipment purchase projects are

canceled, or if conditions imposed by any branch budget bill are not met, any

appropriated general or road fund debt service for those projects shall remain unallotted

and lapse to the credit of the respective surplus account. In the event that general or road

fund appropriated debt service is more than is required due to favorable interest rates,

refinancing, or timing variances, the excess debt service in each fiscal year shall remain

unallotted and lapse to the credit of the respective surplus account.