Revised Code of Washington
Chapter 36.40 - Budget.
36.40.120 - Limitation on use of borrowed money.

RCW 36.40.120
Limitation on use of borrowed money.

Moneys received from borrowing shall be used for no other purpose than that for which borrowed except that if any surplus shall remain after the accomplishment of the purpose for which borrowed, it shall be used to redeem the county debt. Where the budget contains an expenditure program to be financed from a bond issue to be authorized thereafter no such expenditure shall be made or incurred until such bonds have been duly authorized.

[ 1963 c 4 § 36.40.120. Prior: 1945 c 201 § 1, part; 1943 c 66 § 1, part; 1927 c 301 § 1, part; 1923 c 164 § 5, part; Rem. Supp. 1945 § 3997-5, part.]

Structure Revised Code of Washington

Revised Code of Washington

Title 36 - Counties

Chapter 36.40 - Budget.

36.40.010 - Estimates to be filed by county officials.

36.40.020 - Commissioners to file road and bridge estimate and estimate of future bond expenditures.

36.40.030 - Forms of estimates—Penalty for delay.

36.40.040 - Preliminary budget.

36.40.050 - Revision by county commissioners.

36.40.060 - Notice of hearing on budget.

36.40.070 - Budget hearing.

36.40.071 - Budget hearing—Alternate date for budget hearing.

36.40.080 - Final budget to be fixed.

36.40.090 - Taxes to be levied.

36.40.100 - Budget constitutes appropriations—Transfers—Supplemental appropriations.

36.40.120 - Limitation on use of borrowed money.

36.40.130 - Excess of expenditures, liability.

36.40.140 - Emergencies subject to hearing.

36.40.150 - Emergencies subject to hearing—Right of taxpayer to review order.

36.40.160 - Emergencies subject to hearing—Petition for review suspends order.

36.40.170 - Emergencies subject to hearing—Court's power on review.

36.40.180 - Emergencies subject to hearing—Nondebatable emergencies.

36.40.190 - Payment of emergency warrants.

36.40.195 - Supplemental appropriations of unanticipated funds from local sources.

36.40.200 - Lapse of budget appropriations.

36.40.205 - Salary adjustment for county legislative authority office—Ratification and validation of preelection action.

36.40.210 - Monthly report.

36.40.220 - Rules, classifications, and forms.

36.40.230 - No new funds created.

36.40.240 - Penalty.

36.40.250 - Biennial budgets—Supplemental and emergency budgets.