§ 1416. Expenditures exceeding fund balance prohibited--Budget balances--Other unlawful acts--L...
Oklahoma Statutes AnnotatedTitle 19. Counties and County Officers
19 Okl.St.Ann. § 1416
§ 1416. Expenditures exceeding fund balance prohibited--Budget balances--Other unlawful acts--Liability
2. To authorize, make or incur expenditures or encumbrances in excess of ninety percent (90%) of the appropriation for a given category of expenditure in the budget of any fund as adopted or amended until revenues in an amount equal to at least ninety percent (90%) of the appropriation have been collected. Any fund balance which is included in the appropriation within a given fund is considered revenue in the budget year for which it is appropriated. Expenditures may then be made and authorized as revenues are available so long as any expenditure does not exceed the actual fund balance in any budgeted fund.
D. Any obligation that is contracted or authorized by any county officer or employee in violation of this act1 shall become the obligation of the officer or employee himself and shall not be valid or enforceable against the county. Any county officer or employee who violates this act shall forfeit his office or position and shall be subject to such civil and criminal punishments as are provided by law. Any obligation, authorization for expenditure or expenditure made in violation of this act shall be illegal and void.
Credits
Laws 1981, c. 166, § 16, emerg. eff. May 13, 1981.
Footnotes
Title 19, § 1401 et seq.
19 Okl. St. Ann. § 1416, OK ST T. 19 § 1416
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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