Utah Code Ann. § 63H-1-405 – Project area budget. | Midpage
§ 63H-1-405
Utah Code Ann. § 63H-1-405
Project area budget.
Effective Mar 28, 2020Amended by Chapter 282, 2020 General Session
(1) Before the authority may receive or use the property tax allocation, the authority board shall prepare and adopt a project area budget.
(2) The authority board may amend an adopted project area budget as and when the authority board considers it appropriate.
(3) If the authority adopts a budget under Part 7, Authority Budget and Reports, that also meets the requirements of this part, the authority need not separately adopt a budget under this part.