Section 1416 - Expenditures exceeding fund balance prohibited - Budget balances - Other unlawful acts - LiabilityA. No expenditure may be authorized or made by any county officer or employee which exceeds any fund balance in any fund for which a budget is not required to be adopted.B. Any balance remaining in a fund at the end of the budget year shall be carried forward to the credit of the fund for the next budget year.C. It shall be unlawful for any county officer or employee in any budget year of a fund for which a budget has been prepared:1. To create or authorize creation of a deficit in any fund; or2. To authorize, make or incur expenditures or encumbrances in excess of ninety percent (90%) of the appropriation for a given category of expenditure in the budget of any fund as adopted or amended until revenues in an amount equal to at least ninety percent (90%) of the appropriation have been collected. Any fund balance which is included in the appropriation within a given fund is considered revenue in the budget year for which it is appropriated. Expenditures may then be made and authorized as revenues are available so long as any expenditure does not exceed the actual fund balance in any budgeted fund. D. Any obligation that is contracted or authorized by any county officer or employee in violation of this act shall become the obligation of the officer or employee himself and shall not be valid or enforceable against the county. Any county officer or employee who violates this act shall forfeit his office or position and shall be subject to such civil and criminal punishments as are provided by law. Any obligation, authorization for expenditure or expenditure made in violation of this act shall be illegal and void.Okla. Stat. tit. 19, § 1416
Added by Laws 1981, HB 1191, c. 166, § 16, emerg. eff. 5/13/1981.