10-5-103 - Withholding state money of town failing to file budget.
10-5-103. Withholding state money of town failing to file budget.
The state auditor is authorized to withhold state money allocated to a town if that townfails to file a copy of a formally adopted budget or fails to comply with the annual financialreporting and independent auditing requirements of this chapter. Such money may not bewithheld if the town substantially complies with the requirements of this chapter.
Amended by Chapter 378, 2010 General Session