Colorado § 22-44-106 - Contingency reserve - operating reserve.
Full text of Colorado Colorado Revised Statutes § 22-44-106 — Contingency reserve - operating reserve., with citation guidance and answers to common questions.
§ 22-44-106. Contingency reserve - operating reserve.
(1) Repealed.
(2) A board of education may provide for an operating reserve in the general fund, which reserve shall not exceed fifteen percent of the amount budgeted to the general fund for the current fiscal year. Such operating reserve shall not be appropriated nor shall any moneys therein be expended during the fiscal year covered by the budget, but such moneys shall be a continuing reserve and be considered as a beginning general fund balance for the next following fiscal year.
Source: L. 64: p. 619, § 6. C.R.S. 1963: § 123-32-6. L. 90: (1) repealed, p. 1099, § 64, effective May 31.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 22-44-106
What does Colorado Revised Statutes § 22-44-106 cover?
Section 22-44-106 ("Contingency reserve - operating reserve.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 22-44-106?
A common citation format is "Colorado Revised Statutes § 22-44-106" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 22-44-106 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.