Section 37.05.500. Special funds.

Latest version.

   (a) The following funds shall be treated for accounting purposes as accounts in the general fund:
        (1) special revolving fund - surplus property (AS 44.68.130(c));
        (2) the vocational rehabilitation small business enterprise revolving fund (AS 23.15.130).
   (b) There shall be created in the general fund for each of the funds designated in (a) of this section a reserve equal to the excess of revenue received by each fund over expenditures made from that fund.

Authorities

37.05.151

Notes

References

AS 37.05.151

History

(Sec. 1 ch 5 SLA 1968; am Sec. 49 ch 32 SLA 1971; am Sec. 92 ch 36 SLA 1990)

                    
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