{"data":{"id":"us-ky/krs-262.760","jurisdiction":"us-ky","citation":"KRS 262.760","heading":"Annual budget.","body":"(1) Within the first quarter of each calendar year, the board of directors of a watershed\nconservancy district shall prepare an itemized budget of the funds needed for\nadministration, construction, operation, and maintenance of works of improvement.\nAfter approval of such budget by the board or boards of supervisors of the soil and\nwater conservation district or districts within which the watershed conservancy\ndistrict lies, the board of directors of the watershed conservancy district shall, by\norder or resolution, levy a tax sufficient to meet such budget, either by millage rate\nor per acre rate. A copy of such budget and order or resolution shall be certified to\nthe county clerk of the county or counties involved, and shall be submitted to the\nDepartment for Local Government as provided in KRS 65A.020.\n(2) If the board of directors of a watershed conservancy district fails to prepare a\nbudget and levy a tax sufficient to fund the budget within the first quarter of a\ncalendar year as required by subsection (1) o f this section, the board or boards of\nsupervisors of the soil and water conservation district or districts where the\nwatershed conservancy lies may prepare and approve a budget for the watershed\nconservancy district and levy a tax to fund the approved bud get in the same manner\nas authorized in subsection (1) of this section.","path":["KRS Chapter 262"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=54501","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:11Z","sha256":"372ecbd2c35f4a45df028aee73d211e549ec2b62566fd2eb5d6ef02446b00a61","source_id":"us-ky","stale":false,"prev":"us-ky/krs-262.755","next":"us-ky/krs-262.763"},"notice":"GroundRules: Original legal text. Not legal advice."}