Colo. Rev. Stat. § 30-20-519
Current through Chapter 519 of the 2024 Legislative Session and Chapter 2 of the 2024 First Extraordinary Session
Whenever any indebtedness has been incurred by a district, it is lawful for the board to levy taxes and collect revenue for the purpose of creating a reserve fund in such amount as the board may determine, which may be used to meet the obligations of the district, for operating charges and depreciation, and to provide extensions and betterments of the authorized improvements of the district.
C.R.S. § 30-20-519
This section was originally numbered as § 30-20-518 in C.R.S. 1973 but was renumbered on revision in the 1977 replacement volume for ease of location.