13-1272. Same; transfer of funds; determination of amount.
13-1272
13-1272. Same; transfer of funds; determination of amount.
The determination of the percentage to be transferred
to funds to be used for governmental
functions as provided in K.S.A. 13-1271, and amendments thereto, shall be
determined by the governing bodies
or operating or managing boards, as the case may be, of the utilities of
such cities, within the range of percentages shown in K.S.A. 13-1271, and
amendments thereto. The determination of the percentage to be transferred
shall be made by the board of public utilities on or before the first day
of May of the preceding year and the board shall notify the governing body
of the city of such determination by such date.
If the board fails to determine the percentage or fails to notify the governing
body of the city before the first day of May of any year, the board shall
transfer over a percentage which shall be no less than the percentage transferred
in the preceding year.
History: L. 1945, ch. 129, § 4; L. 1980, ch. 72, § 20; April 14.