- (a) "Local government" means a county, city, village, town, township, school district, and other special-purpose district, authority, or public corporation within the state and authorized by the state to issue bonds and other long-term obligations.
- (b) "Governing body" means the body or board charged with exercising the legislative authority of a local government.
- (c) "Department" means the Department of Commerce and Economic Opportunity.
- (d) "Chief financial officer" means the comptroller, treasurer, director of finance or other local government official charged with managing the fiscal affairs of a local government official charged with managing the fiscal affairs of a local government.
- (e) "Bonds" means debt payable more than one year after date of issue or incurrence, issued pursuant to the laws authorizing local government borrowing.
(from Ch. 85, par. 842)
(Source: P.A. 95-331, eff. 8-21-07.)