17B-1-701 - Definitions. - Utah Statutes

17B-1-701. Definitions.
As used in this part:
(1) "Audit reports" means the reports of any independent audit of the district performedby:
(a) an independent auditor as required by Title 51, Chapter 2a, Accounting Reports fromPolitical Subdivisions, Interlocal Organizations, and Other Local Entities Act;
(b) the state auditor; or
(c) the legislative auditor.
(2) "Board" means the local district board of trustees.
(3) "Budget" means a plan of financial operations for a fiscal year that includes:
(a) estimates of proposed expenditures for given purposes and the proposed means offinancing them;
(b) the source and amount of estimated revenue for the district for the fiscal year;
(c) fund balance in each fund at the beginning of the fiscal year and the projected fundbalance for each fund at the end of the fiscal year; and
(d) capital projects or budgets for proposed construction or improvement to capitalfacilities within the district.
(4) "Constituent entity" means any county, city, or town that levies property taxes withinthe boundaries of the district.
(5) (a) "Customer agencies" means those governmental entities, except school districts,institutions of higher education, and federal government agencies that purchase or obtain servicesfrom the local district.
(b) "Customer agencies" for purposes of state agencies means the state auditor.

Renumbered and Amended by Chapter 329, 2007 General Session