Legal Opinion

No.

Colorado Attorney General Reports

Decided September 23, 1982Published

1Opinion of the Court

Mr. Morgan Smith Director, Department of Local Affairs 1313 Sherman Street Denver, Colorado 80203

Dear Mr. Smith:

This attorney general opinion responds to your request for an opinion dated August 19, 1982.

QUESTION PRESENTED AND CONCLUSION

Does a metropolitan recreation district have the power to transfer money raised pursuant to a debt retirement mill levy from a debt service fund to general operating expenditure funds, assuming that bonds will not be issued and that the transfer of revenue from the debt service fund to the general fund would not cause an expenditure of funds in excess of the 7…

2Cases cited2 opinions

  1. Town of Haxtun v. WangnildSupreme Court of Colorado · 1942
  2. J. K. Mullen Investment Co. v. Town of ArvadaSupreme Court of Colorado · 1953

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