The governing body may by resolution not later than its first meeting in February encumber that portion of unexpended appropriations from the prior year for which applicable obligations were incurred but were not paid. The resolution shall state the appropriation account and amount encumbered. The auditor, clerk, or finance officer shall keep a detailed listing by payee and amount supporting such amount shown in the resolution for examination at the time of audit.
S.D. Codified Laws § 9-21-24.1
Encumbrance of unexpended appropriations for obligations incurred but not paid
Source: SL 1971, ch 61; SL 1976, ch 74, § 1; SL 1979, ch 56.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.