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Current as of January 01, 2024 | Updated by FindLaw Staff
(1) A governing body may appropriate money and provide for the payment of the debts and expenses of the local government.
(2) Money may not be disbursed, expended, or obligated except pursuant to an appropriation for which working capital is or will be available.
(3) Appropriations may be adjusted according to procedures authorized by the governing body for:
(a) debt service funds for obligations related to debt approved by the governing body;
(b) trust funds for obligations authorized by trust covenants;
(c) any fund for federal, state, local, or private grants and shared revenue accepted and approved by the governing body;
(d) any fund for special assessments approved by the governing body;
(e) the proceeds from the sale of land;
(f) any fund for gifts or donations; and
(g) money borrowed during the fiscal year.
(4) The governing body may amend the budget during the fiscal year by conducting public hearings at regularly scheduled meetings. Budget amendments providing for additional appropriations must identify the fund reserves, unanticipated revenue, or previously unbudgeted revenue that will fund the appropriations.
Cite this article: FindLaw.com - Montana Title 7. Local Government § 7-6-4006. Appropriation power--requirements - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-7-local-government/mt-code-ann-sect-7-6-4006/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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