{"data":{"id":"us-ok/okla.-stat.-tit.-62-62-446","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 62, § 62-446","heading":"Transfer of surplus to general fund - Reduction of ad","body":"valorem tax levy - Construction of permanent improvements.\n\nWhenever any city or town of the State of Oklahoma shall have\n\naccumulated an amount of money in its sinking fund sufficient to pay\n\nat maturity the principal and interest of all its outstanding bonds,\n\ncoupons and judgments, any surplus money in said fund, after all\n\noutstanding bonds, judgments or other charges against said sinking\n\nfunds have been fully paid, whether maturing in the current or in\n\nfuture years, may be transferred by the governing body of such city\n\nor town to its general fund to be used in reducing the ad valorem\n\ntax levies for the ensuing fiscal year or years, or in constructing\n\npublic buildings or other permanent improvements as the governing\n\nbody may determine.","path":["OK Code","Title 62"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os62.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"c69e4c33441f5df43005789fff143e4831eab359da015385bacc18a775afcbb6","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-62-62-445","next":"us-ok/okla.-stat.-tit.-62-62-447"},"notice":"GroundRules: Original legal text. Not legal advice."}