{"data":{"id":"us-ct/conn.-gen.-stat.-7-360","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 7-360","heading":"Creation of fund.","body":"Upon the recommendation and approval of the budget-making authority, the legislative body of any municipality, by a majority vote, may create a reserve fund for capital and nonrecurring expenditures, costs associated with a property tax revaluation and costs associated with the preparation, amendment or adoption of a plan of conservation and development pursuant to section 8-23. Such fund shall thereafter be termed “reserve fund for capital and nonrecurring expenditures”.","path":["TITLE 7. MUNICIPALITIES","CHAPTER 108. MUNICIPAL RESERVE FUND"],"source_url":"https://www.cga.ct.gov/current/pub/chap_108.htm#sec_7-360","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:06:56Z","sha256":"0097de164dc1619b67354350d698e585f06b169572310af15c09dcb7509e3ac2","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-7-359","next":"us-ct/conn.-gen.-stat.-7-361"},"notice":"GroundRules: Original legal text. Not legal advice."}