The board of commissioners of a fire protection district may accumulate fund balances at the end of a fiscal year and carry over those fund balances into the ensuing fiscal year budget for equipping and maintaining the district. A “fund balance” is the excess of the assets of a fund over its liabilities and reserves.
Idaho Code § 31-1428
Carry over — Fund balance
Known as the Fire Protection District Law
The act spans §§ 31–31 (50 sections).
I.C., § 31-1424A, as added by 1993, ch. 329, § 1, p. 1228; am. and redesig. 2006, ch. 318, § 26, p. 990.
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.