Okla. Stat. tit. 68, § 68-3009: Sinking fund - Building fund and General fund

requirements - Special Budget Accounts - Departmentalization and

itemization.

The county excise board shall comply with the following:

(a) Provision and levy for the sinking funds of any municipality

shall be made in strict conformity to the special statute therefor

(62 O.S.1961, Section 431): but no surplus shall be disclosed or

computed in any sinking fund account except it be in cash and

investments actually on hand in excess of all accrual liabilities,

whether collections exceed anticipations or not.

(b) Building fund appropriations and levies under Section X,

Article 10, Oklahoma Constitution, shall be computed by the same

formula and subject to the same defenses as general funds, but need

be itemized only as to the amount needed for construction of new

buildings, remodeling or repairing buildings, and purchasing

furniture, and for a reserve for interest on warrant issues

according to statute.

(c) The general fund shall comprehend and include all

appropriations and expenditures financed from levy of ad valorem tax

under any of the provisions of Section 9, Article X, Oklahoma

Constitution, and all revenues from sources other than ad valorem

taxation except the proceeds derived from the sale of bonds and

those revenues specifically required by law to be deposited into the

sinking fund, the building or replacement funds, or in cash funds,

or in any other fund or funds so specifically denominated by

statute. If a portion of the ad valorem levies under said Section 9,

Article 10, Oklahoma Constitution, and specific revenues from other

sources, be required by law to be devoted to a special purpose,

other than those specifically required to be accounted for in cash

funds, such special purpose shall be provided for by a special

budget account within the general fund, distinguished from the

governmental budget account, and assigned such appropriation account

or accounts as will accomplish such special purpose and include sums

at least equivalent to the net estimate of revenues or levy thus

specially applied. As to counties, cities, and towns, except as

hereinafter provided, the governmental budget account shall be

departmentalized, and the appropriations made for the use of each

separate office, board, commission or department shall be stated in

separate items, and no appropriation shall be available for the use

of more than one office, board, commission or department; and the

appropriations so made for the use of each such separate office,

board, commission or department, or for any special function of

either of them, of the several municipalities, including the general

fund appropriations of municipalities not so departmentalized, shall

not be increased or diminished after such appropriations become

final, except in the manner provided by law (Section 24101 of this

Code), or by order of a court of competent jurisdiction.