45-1974. Accounting classifications; bond
funds; general fund


A. The secretary-treasurer of the authority shall establish appropriate accounting
classifications and designations in the authority accounting records to provide for
accurate and systematic control and allotment of all monies received.


B. The secretary-treasurer shall maintain a bond fund and a general fund of the
authority and shall apportion all monies received into the fund corresponding with the
purpose for which the monies were received. The secretary-treasurer may invest inactive
monies from either the general fund or the bond fund and shall credit income earned on
the investments to the respective fund.