Money received by the municipal treasurer from any special assessment shall be applied towards payment of the improvement for which the assessment was approved. The money shall be used exclusively for the payment of the principal and interest on the bonds or other indebtedness incurred to finance the improvements except as provided in W.S. 16-4-116.
Wyo. Stat. Ann. § 16-4-118
Special assessments
Known as the Uniform Municipal Fiscal Procedures Act
The act spans §§ 16-4-101 to 16-4-125 (25 sections).
Official source: Wyoming Legislature. Reproduced from public-domain Wyoming statutes; confirm against the official source for the current text. Not legal advice.