{"data":{"id":"us-co/c.r.s.-31-25-1218","jurisdiction":"us-co","citation":"C.R.S. § 31-25-1218","heading":"Reserve fund.","body":"When any indebtedness has been incurred by a district, it is lawful for the board to levy taxes and collect revenue for the purpose of creating a reserve fund in such amount as the board may determine, which may be used to meet the obligations of the district for operating charges and depreciation and to provide extensions of and betterments for the improvements of the district.","path":["Title 31 - GOVERNMENT - MUNICIPAL","Article 25 - Public Improvements","Part 12 - BUSINESS IMPROVEMENT DISTRICTS"],"source_url":"https://olls.info/crs/crs2026-title-31.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"01587e33a5757159ad9ff5fb7711478928100b1d549e84178a08af5b3f898a1d","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-31-25-1217","next":"us-co/c.r.s.-31-25-1219"},"notice":"GroundRules: Original legal text. Not legal advice."}