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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) As used in this section, unless the context otherwise requires, “utilities” has the same meaning as set forth in section 24-75-112(1)(q).
(2) Subject to fiscal rules promulgated by the state controller, any unexpended and unencumbered money appropriated to a department in a specific line item for utilities in a fiscal year commencing on or after July 1, 2021, remains available for expenditure in the next fiscal year without further appropriation for the department to purchase utilities conservation equipment or services. At the end of the next fiscal year, money that is unexpended or unencumbered reverts to the fund from which it was appropriated.
(3) Subsection (2) of this section does not apply to a line item from which utility expenses are paid but that is not specifically identified as “utilities”.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 24. Government State § 24-75-114. Appropriations for utilities--roll-forward spending authority--definition - last updated January 01, 2025 | https://codes.findlaw.com/co/title-24-government-state/co-rev-st-sect-24-75-114/
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