{"data":{"id":"us-mi/mich.-comp.-laws-380.1215","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 380.1215","heading":"Accounting for moneys; fund designations.","body":"Sec. 1215.\n\nOperating taxes shall be accounted for under the title of \"general fund\". The state board may establish other fund designations to clarify further the expenditure classifications for which general fund moneys may be used.\n\nLibrary money shall be accounted for under the title of \"library fund\".\n\nBuilding and site money shall be accounted for under the title of \"building and site fund\".\n\nTaxes collected for retiring bonded indebtedness shall be accounted for as required by the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821.","path":["MI Code","Chapter 380","Act Act-451-of-1976"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-380-1215","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"2b14e07c4427130243ab09a16b969f68f0f5668fa181dd995940f0aee2c19401","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-380.1214","next":"us-mi/mich.-comp.-laws-380.1216"},"notice":"GroundRules: Original legal text. Not legal advice."}