Utah Code 11-52-103. Developing and publishing a contingency plan
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A political subdivision that, during a fiscal year of the political subdivision, receives federal funds or federal receipts that comprise 10% or more of the political subdivision’s annual budget shall, before the beginning of the next fiscal year:
(1) develop a contingency plan explaining how the political subdivision will operate in the event that the total amount of federal funds and federal receipts that it receives are reduced by 5% or more, but by less than 25%, in the next fiscal year;
Terms Used In Utah Code 11-52-103
- Federal receipts: means the federal financial assistance, as defined in Utah Code 11-52-102
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Political subdivision: means :(2)(a) a county, as defined in Section 17-50-101;(2)(b) a municipality, as defined in Section 10-1-104;(2)(c) a special district, as defined in Section 17B-1-102;(2)(d) a special service district, as defined in Section 17D-1-102;(2)(e) an interlocal entity, as defined in Section 11-13-103;(2)(f) a community reinvestment agency created under Title 17C, Limited Purpose Local Government Entities - Community Reinvestment Agency Act;(2)(g) a local building authority, as defined in Section 17D-2-102; or(2)(h) a conservation district, as defined in Section 17D-3-102. See Utah Code 11-52-102
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(2) develop a contingency plan explaining how the political subdivision will operate in the event that the total amount of federal funds and federal receipts that it receives are reduced by 25% or more in the next fiscal year;(3) submit a copy of the contingency plan to the state auditor; and(4) publish the contingency plan on the political subdivision’s website, if the political subdivision maintains a website.