Alabama Code (Last Updated: November 28, 2014) |
Title11 COUNTIES AND MUNICIPAL CORPORATIONS. |
Title1 PROVISIONS APPLICABLE TO COUNTIES ONLY. |
Chapter8. FINANCIAL AFFAIRS GENERALLY. |
§11-8-6. Disposition of unexpended balances at end of fiscal year.
Latest version.
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At the end of every fiscal year any unexpended balances remaining in the several funds set up under the provisions of this chapter shall go forward into the respective several funds for the succeeding year, and such balance or balances shall constitute a part of the income available for such fiscal year and shall be handled, appropriated, and disbursed as any other income for that year.