Va. Code Ann. § 15.2-2505

Budget may include reserve for contingencies and capital improvements

1980, c. 258, § 15.1-161.1; 1997, c. 587.

Any locality may include in its budget a reasonable reserve for contingencies and capital improvements.

Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.