State Codes and Statutes

Statutes > Kentucky > 096-00 > 440

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96.440 Transfer of surplus to depreciation fund. If a surplus is accumulated in the operating and maintenance funds equal to the cost of <br>maintaining and operating the waterworks during the remainder of the calendar, operating <br>or fiscal year and during the succeeding like year, any excess over such amount may be <br>transferred at any time by the city legislative body to the depreciation account, to be used <br>for improvements, extensions or additions to the waterworks. Effective: October 1, 1942 <br>History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 2741L-10, 2741L-32.

State Codes and Statutes

Statutes > Kentucky > 096-00 > 440

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96.440 Transfer of surplus to depreciation fund. If a surplus is accumulated in the operating and maintenance funds equal to the cost of <br>maintaining and operating the waterworks during the remainder of the calendar, operating <br>or fiscal year and during the succeeding like year, any excess over such amount may be <br>transferred at any time by the city legislative body to the depreciation account, to be used <br>for improvements, extensions or additions to the waterworks. Effective: October 1, 1942 <br>History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 2741L-10, 2741L-32.

State Codes and Statutes

State Codes and Statutes

Statutes > Kentucky > 096-00 > 440

Download pdf
Loading PDF...


96.440 Transfer of surplus to depreciation fund. If a surplus is accumulated in the operating and maintenance funds equal to the cost of <br>maintaining and operating the waterworks during the remainder of the calendar, operating <br>or fiscal year and during the succeeding like year, any excess over such amount may be <br>transferred at any time by the city legislative body to the depreciation account, to be used <br>for improvements, extensions or additions to the waterworks. Effective: October 1, 1942 <br>History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 2741L-10, 2741L-32.