Code of Virginia (Last Updated:July 28, 2020) |
TITLE 15.2. Counties, Cities and Towns |
SUBTITLE II. Powers of Local Government |
CHAPTER 25. Budgets, Audits and Reports |
SECTION 15.2-2505. Budget may include reserve for contingencies and capital improvements |
Any locality may include in its budget a reasonable reserve for contingencies and capital improvements. 1980, c. 258, § 15.1-161.1; 1997, c. 587. |