(1) All funds heretofore or hereafter raised or created by any county or taxing district for the purpose of applying toward the payment of interest or principal of refunding bonds of such county or taxing district, when such refunding bonds are not issued and such funds not otherwise lawfully disposed of, shall revert back to the county or special taxing district to be used by the governing body or board of such county or taxing district for such general and lawful purposes of the county or taxing district raising such funds as in the judgment and discretion of such governing body or board shall seem to the best interest of the county or taxing district.
(2) For the purpose of carrying out the intent of this section, every officer or board, now or hereafter having the custody of any of the said funds shall transmit and return the same to the governing body or board of the county or taxing district, taking receipt therefor from such governing body or board.
History.—ss. 1, 2, ch. 15907, 1933; CGL 1936 Supp. 1365(4).
Structure Florida Statutes
Title XIV - Taxation and Finance
Chapter 218 - Financial Matters Pertaining to Political Subdivisions
Part I - General Financial Provisions Relating to Political Subdivisions (Ss. 218.01-218.135)
218.01 - Authority to accept benefits of bankruptcy acts.
218.02 - Disposition of unused funds relating to the refunding of bonds.
218.03 - Creation of political subdivisions validated.
218.04 - Proceedings relating to certain bonds sold, etc., to Federal Government validated.
218.05 - Certain bonds sold to Federal Government, etc., validated.
218.06 - Transfer of funds by county commissioners with relation to public works grants.
218.075 - Reduction or waiver of permit processing fees.
218.076 - Reduction or waiver of certain permit processing fees.
218.077 - Wage and employment benefits requirements by political subdivisions; restrictions.