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11-43C-61
Section 11-43C-61 Capital budget; lapse of appropriations for capital improvement projects;
reserve fund for permanent public improvements. The council shall adopt a capital budget prior
to the beginning of the fiscal year in which the budget is to take effect. No appropriations
for a capital improvement project contained in the capital budget shall lapse until the purpose
for which the appropriation was made shall have been accomplished or abandoned, provided that
any project shall be deemed to have been abandoned if three fiscal years lapse without any
expenditure therefor. Any such lapsed appropriation shall be applied to the payment of any
indebtedness incurred in financing the project or if there is no such indebtedness, shall
be available for other appropriation. The council may by ordinance establish a reserve fund
for permanent public improvements and may appropriate thereto any portion of the general fund
cash surplus not otherwise appropriated. Appropriations from said fund...
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11-44C-61
Section 11-44C-61 Capital budget; lapse of appropriations for capital improvement projects;
reserve fund for permanent public improvements. The council shall adopt a capital budget prior
to the beginning of the fiscal year in which the budget is to take effect. No appropriations
for a capital improvement project contained in the capital budget shall lapse until the purpose
for which the appropriation was made shall have been accomplished or abandoned, provided that
any project shall be deemed to have been abandoned if three fiscal years lapse without any
expenditure therefor. Any such lapsed appropriation shall be applied to the payment of any
indebtedness incurred in financing the project or if there is no such indebtedness, shall
be available for other appropriation. The council may by ordinance establish a reserve fund
for permanent public improvements and may appropriate thereto any portion of the general fund
cash surplus not otherwise appropriated. Appropriations from said fund...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-44C-61.htm - 1K - Match Info - Similar pages
45-37A-52.137
Section 45-37A-52.137 Capital budget. At the same time that he or she submits the general fund
budget, the mayor shall submit to the council a capital improvement program covering all recommended
capital improvement projects, for the ensuing fiscal year and for the four fiscal years thereafter,
with his or her recommendations as to the means of financing the improvements proposed for
the ensuing fiscal year. The council shall have power to accept with or without amendments
or reject the proposed program and proposed means of financing for the ensuing fiscal year;
and may from time to time during the fiscal year amend by ordinance adopted by at least five
affirmative votes, the program previously adopted by it, or the means of financing the whole
or any part thereof or both, provided that the amendment shall have been recommended by the
mayor, and further, provided such additional funds are available in the general fund or in
any other fund of the city available therefor. The council...
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45-37A-52.139
Section 45-37A-52.139 Reserve for permanent public improvements. The council may by ordinance
establish a reserve fund for permanent public improvements and may appropriate thereto any
portion of the general fund cash surplus not otherwise appropriated at the close of any fiscal
year. Appropriations from the fund shall be made only to finance improvements included in
the capital budget. (Acts 1955, No. 452, p. 1004, ยง5.20.)...
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11-43B-10
Section 11-43B-10 Budget, appropriations, and expenditures. The mayor shall annually prepare
and submit a proposed budget to the council. After public hearing the council shall adopt
an ordinance providing the municipal budget. Adoption of the budget shall constitute appropriation
of the amounts specified therein from the funds indicated. If the council fails to adopt a
budget for the ensuing fiscal year by the first day of the fiscal year, the amounts appropriated
for the preceding year shall be deemed to be appropriated for the ensuing year on a month-to-month
basis until such time as the council adopts a budget. Every general fund appropriation shall
lapse at the close of the fiscal year to the extent that it has not been expended or encumbered,
except that an appropriation for a capital expenditure shall not lapse until the purpose for
which it was made is accomplished or abandoned or until three years pass without any disbursement
from or encumbrance of the appropriation. Any...
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41-4-84
Section 41-4-84 Estimates of appropriations to be submitted to Department of Finance. On or
before the first day of the third month next preceding each regular business session of the
Legislature, each department, board, bureau, commission, agency, office and institution of
the state shall transmit to the Department of Finance, on blanks to be furnished it, estimates
of their expenditure requirements for each budget year, classified so as to distinguish between
expenditures estimated for salaries, travel and per diem expenses, administration, operation
and maintenance and the cost of each project involving the purchase of land or the making
of a public improvement or a capital outlay of a permanent character, together with such supporting
data and explanations as may be called for by the Department of Finance. In case of the failure
of any department, board, bureau, commission, agency, office or institution of the state to
submit such estimate within the time above specified, the...
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11-50A-1
Section 11-50A-1 Definitions. As used in this chapter, the following words shall have the following
meanings unless the context clearly indicates otherwise: (1) AUTHORITY. Alabama Municipal
Electric Authority created pursuant to this chapter and any successor or successors thereto.
(2) BOARD. The board of directors of the authority. (3) BONDS. Any bonds issued by the authority
under the provisions of this chapter, including refunding bonds. (4) BOND ANTICIPATION NOTES.
Short term obligations issued by the authority in anticipation of the issuance of bonds. (5)
COSTS. All costs of acquisition, construction, reconstruction, improvement, equipment, alteration,
repair, or extension of any project; all costs of real and personal property required for
the purposes of any project, including any rights or undivided interest therein; all costs
of easements, franchises, water rights, fees, permits, approvals, licenses, and certificates,
and all costs of securing any permits, approvals, licenses,...
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41-10-541
Section 41-10-541 Definitions. (a) The following words and phrases used in this division, and
others evidently intended as the equivalent thereof, shall, in the absence of clear implication
herein otherwise, be given the following respective interpretations herein: (1) APPROPRIATED
FUNDS. Net TVA payments to the extent such payments are pledged and appropriated to the authority
pursuant to Section 41-10-550. (2) AUTHORITY. The public corporation organized pursuant to
this division. (3) AUTHORITY GUARANTY. An agreement of the authority pursuant to which the
payment of debt service referable to bonds, notes, or other evidences of indebtedness of a
development agency is guaranteed by the authority. (4) AUTHORITY OBLIGATIONS. Bonds of the
authority and authority guaranties. (5) AUTHORITY-GUARANTEED OBLIGATIONS. Bonds, notes, or
other evidences of indebtedness of a development agency that are issued solely for the purpose
in financing a project and that are guaranteed, in whole or in part,...
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11-97-8
Section 11-97-8 Powers of corporation; location of facilities of corporation. (a) Every corporation
shall have all of the powers necessary and convenient to carry out and effectuate the purposes
and provisions of this chapter, including (without limiting the generality of the foregoing)
the following powers: (1) To have succession in its corporate name for the duration of time
(which may be in perpetuity, subject to the provisions of Section 11-97-22 hereof) specified
in its certificate of incorporation; (2) To sue and be sued in its own name in civil suits
and actions and to defend suits against it; (3) To adopt and make use of a corporate seal
and to alter the same at pleasure; (4) To adopt, alter, and repeal bylaws, regulations, and
rules, not inconsistent with the provisions of this chapter, for the regulation and conduct
of its affairs and business; (5) To acquire, whether by gift, purchase, transfer, foreclosure,
lease, or otherwise, to construct and to expand, improve, operate,...
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44-1-92
Section 44-1-92 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER. THIS SECTION HAS NOT BEEN
CODIFIED BY THE LEGISLATURE. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) There is hereby
created the Department of Youth Services Capital Improvement Trust Fund and the Youth Services
Capital Improvement Trust Fund Income Account as separate funds in the state treasury. Any
unexpended or unencumbered balances in the funds shall not revert at the end of each fiscal
year, but shall remain in the funds and may be carried over into each succeeding fiscal year.
Any income earned on the trust income account shall accrue to the fund. The funds shall be
administered by the State Treasurer, which shall be entitled to a reasonable fee for the administration.
All investments shall be made pursuant to the same authority and restrictions that apply to
the investment of State funds. (b) Funding to the Department of Youth Services Capital Improvement
Trust Fund shall consist of funds resulting from the...
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