11-52 - Contingency Plans

Title 11 > 11-52

Sections (3)

11-52-101 - Title.

This chapter is known as “Contingency Plans.”

11-52-102 - Definitions.

As used in this chapter: 11-52-102(1) “Federal receipts” means the federal financial assistance, as defined in 31 U.S.C. Sec. 7501, that is reported as part of a single audit. 11-52-102(2) “Political subdivision” means:a county, as defined in Section 17-60-101;a municipality, as defined in Section 10-1-104;a special district, as defined in Section 17B-1-102;a special service district, as defined in Section 17D-1-102;an interlocal entity, as defined in Section 11-13-103;a community reinvestment agency created under Title 17C, Limited Purpose Local Government Entities - Community Reinvestment Agency Act;a local building authority, as defined in Section 17D-2-102; ora conservation district, as defined in Section 17D-3-102. 11-52-102(3) “Single audit” has the same meaning as defined in 31 U.S.C. Sec. 7501.

11-52-103 - Developing and publishing a contingency plan.

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: 11-52-103(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; 11-52-103(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; 11-52-103(3) submit a copy of the contingency plan to the state auditor; and 11-52-103(4) publish the contingency plan on the political subdivision’s website, if the political subdivision maintains a website.