Ky. Rev. Stat. § 162.370
Current through 2024 Ky. Acts ch.225
If a surplus is accumulated in the maintenance fund equal to the cost of maintaining the building or buildings during the remaining portion of the calendar or fiscal year, as may be provided by the resolution adopted under KRS 162.360 and the cost of maintaining and operating the building or buildings the succeeding like calendar or fiscal year, the excess over such amount may be transferred at any time by the governing body to the sinking fund or may be used for any improvements, extensions, or additions to the building or buildings.
KRS 162.370
Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 578, effective7/13/1990. -- Amended 1958 Ky. Acts ch. 147, sec. 3. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective 10/1/1942, from Ky. Stat. sec. 4535m-9.