In computing the amount of revenue in a particular fund, there shall not be considered the proceeds of any note or other borrowing credited to such fund or any income from the investment of revenue or of such proceeds. Likewise, in computing the amount of expenditure in a particular fund, there shall not be considered the payments of principal, interest, or premium on any note or other borrowing payable from such fund.
Source: L. 86: Entire part R&RE, p. 968, § 1, effective July 1.
Editor's note: This section is similar to former § 24-75-904 as it existed prior to 1986.
Structure Colorado Code
Part 9 - Funds Management Act of 1986
§ 24-75-902. Legislative Declaration
§ 24-75-905. Authority to Issue and Sell Notes
§ 24-75-906. Limitation on Amount of Notes
§ 24-75-907. Form and Terms of Notes
§ 24-75-908. Execution of Notes
§ 24-75-909. Manner of Sale of Notes
§ 24-75-910. Investment or Deposit of Proceeds - Income Therefrom
§ 24-75-912. Notes as Legal Investments and Eligible Collateral
§ 24-75-913. Construction With Other Statutes