The county legislative body may, in its discretion and with the approval of the county mayor, county board of education, or chief administrative officer of the county highway department whose budget is affected, create a reservation of fund balance for such revenue fluctuations for any fund or funds. Such reservation of revenue fluctuations shall be available to fund shortfalls in revenue or to meet unforeseen increases in operating expenses, or both.
Structure 2021 Tennessee Code
Chapter 12 - County Budgeting Laws
Part 2 - Local Option Budgeting Law of 1993
§ 5-12-201. Short Title — Applicability
§ 5-12-204. Duties of Comptroller of the Treasury or the Comptroller's Designee Not Precluded
§ 5-12-205. Conflicts With Other Laws
§ 5-12-206. Forms on Which to Submit a Proposed Budget
§ 5-12-207. County Mayor to Furnish an Estimate of Revenue
§ 5-12-211. Right to Petition for Additional Deputies and Assistants Not Precluded
§ 5-12-212. Requests for Budget Amendment — Approval
§ 5-12-214. Approval of Appropriation for Capital Expenditures to Be Financed by Long-Term Debt
§ 5-12-216. Modification of Dates
§ 5-12-217. Creation of a Revenue Fluctuation Major Category