15-9-218. Authority to adopt budget; sources of finance.
(a) The authority shall adopt a budget for each fiscal year, shall maintain accounts, and shall cause an annual audit, or other oversight in accordance with rules applicable to special districts under W.S. 9-1-507(a)(iii), to be made pertaining to the fiscal affairs of the authority. Administrative review of the proposed budget shall be in accordance with the policies of each municipality, prior to submission of the proposed budget to the governing body for approval.
(b) The operations of the authority shall be principally financed from the following sources and such other sources as may be approved by the governing body:
(i) Donations to the authority;
(ii) Monies borrowed and to be repaid from other funds received under the authority of this article.
Structure Wyoming Statutes
Article 2 - Downtown Development Authority
Section 15-9-201 - Declarations.
Section 15-9-202 - Definitions.
Section 15-9-203 - Powers of Governing Body; Creation of Authority; Status Thereof.
Section 15-9-204 - Organizational Procedure.
Section 15-9-205 - Board; Appointment; Membership; Terms; Vacancies.
Section 15-9-209 - Additional Powers of Authority; Sale or Letting of Property at Fair Value.
Section 15-9-210 - Authorization of Bonds; Determination of Costs; Expenditure of Proceeds.
Section 15-9-212 - Refunding Bonds; Limited Obligations.
Section 15-9-213 - Revenue Bonds.
Section 15-9-214 - Tax Exemption; Exceptions.
Section 15-9-215 - Limitation of Actions.
Section 15-9-216 - Rights and Powers of Bondholders.
Section 15-9-217 - Officers and Other Personnel Employed by Board; Duties; Administrative Expenses.
Section 15-9-218 - Authority to Adopt Budget; Sources of Finance.
Section 15-9-219 - Assessments Against Funds of Authority.
Section 15-9-220 - Conflict of Interest.
Section 15-9-221 - Provisions to Be Construed Liberally.
Section 15-9-223 - Inclusion of Additional Property Into Development Area; Procedure.