W. Va. Code § 8-37-3: Budget stabilization fund; creation; appropriation.
Where this section sits in the code
- CHAPTER 8. MUNICIPAL CORPORATIONS.
- ARTICLE 37. MUNICIPAL FINANCIAL STABILIZATION FUND ACT.
(a) A municipality may create a financial stabilization fund by a majority vote of its governing body. The fund may receive appropriations, gifts, grants, and any other funds made available.
(b) The governing body may appropriate a sum to the fund from any surplus in the General Fund at the end of each fiscal year or from any other money available.
Collected 2026-09-06T00:21:08Z. Source file · JSON