The basis used shall be the budgeted gross revenue for the previous accounting year. Budgeted gross revenue includes all funds collected or handled by the public treasurer. For purposes of this rule, taxes, fees, service charges, interest, proceeds from sale of assets, and borrowing proceeds are examples of revenue categories which are considered.

KEY: insurance requirements, public treasurers, accounts, state and local affairs

Date of Last Change: November 7, 2025

Notice of Continuation: August 6, 2025

Authorizing, and Implemented or Interpreted Law: 51-7-15