reglab/housing_qa huggingface dataset:
IA Code § 384.4 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.4 - Debt service fund.

384.4 Debt service fund.   1. A city shall establish a debt service fund and shall certify taxes to be levied for the debt service fund in the amount necessary to pay:   a. Judgments against the city, except those authorized by state law to be paid from other funds.   b. Interest as it becomes due and the amount necessary to pay, or to create a sinking fund to pay, the principal at maturity of all general obligation bonds issued by the city.   c. Payments required to be made from the debt service fund under a lease or lease-purchase agreement.   d. Payments required to be made from the debt service fund under a loan agreement.   e. Payments authorized to be made from the debt service fund to a flood project fund under section 418.14, subsection 4.   2. Moneys pledged or available to service general obligation bonds, and received from sources other than property taxes, must be deposited in the debt service fund.   3. If a final judgment is entered against a city with a population of five hundred or less for an amount in excess of eighty-eight thousand dollars over and above what is covered by liability insurance, such city may spread the budgeting and payment of that portion not covered by insurance over a period of time not to exceed ten years. Interest shall be paid by the city on the unpaid balance. This subsection shall only apply to final judgments entered but not fully satisfied prior to March 25, 1976.   4. The taxes realized from the tax levy imposed under section 346.27, subsection 22, for a joint county-city building shall be deposited into a separate account in the city’s debt service fund for the payment of the annual rent and shall be disbursed pursuant to section 346.27, subsection 22.  [C97, §894; SS15, §879-s, 894; C24, 27, 31, 35, 39, §6211, 6603; C46, 50, §404.5, 416.132; C54, 58, 62, 66, 71, 73, §404.13; C75, 77, 79, 81, §384.4]  83 Acts, ch 207, §52, 93; 85 Acts, ch 156, §4; 87 Acts, ch 103, §5; 2007 Acts, ch 22, §72; 2010 Acts, ch 1069, §126; 2012 Acts, ch 1060, §4, 7; 2012 Acts, ch 1094, §3, 18; 2014 Acts, ch 1124, §22, 25  Referred to in §357E.11A, 384.24, 384.32, 384.74
IA Code § 384.5 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.5 - Excess tax.

384.5 Excess tax.   A tax levied for the debt service fund is not invalid if it raises moneys in excess of those needed for a specific purpose. Only excess moneys remaining after retirement of all indebtedness payable from the fund may be transferred from the debt service fund to any other city fund, subject to the terms of the original bond issue, and as provided in rules promulgated by the city finance committee created in section 384.13.  [C51, §123, 124; R60, §259, 260; C73, §318, 319; C97, §897; C24, 27, 31, 35, 39, §6222; C46, 50, §404.16; C54, 58, §404.20; C62, 66, 71, 73, §404.21; C75, 77, 79, 81, §384.5]
IA Code § 384.6 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.6 - Trust and agency funds.

384.6 Trust and agency funds.   A city may establish trust and agency funds for the following purposes:   1. Accounting for pension and related employee benefit funds as provided by the city finance committee. A city may certify taxes to be levied for a trust and agency fund in the amount necessary to meet its obligations.   a. A city may make contributions to a retirement system other than the Iowa public employees’ retirement system for its city manager, or city administrator performing the duties of city manager, in an annual amount not to exceed the amount that would have been contributed by the employer under section 97B.11.   b. If a police chief or fire chief has submitted a written request to the board of trustees to be exempt from chapter 411, authorized in section 411.3, subsection 1, a city shall make contributions for the chief, in an amount not to exceed the amount that would have been contributed by the city under section 411.8, subsection 1, paragraph “a”, to the international city management association retirement corporation.   c. A city which has contracted with another city or governmental entity for the provision of public safety services, including but not limited to police protection, fire protection, ambulance, or hazardous materials response, may, pursuant to contract, make contributions for pension and related employee benefits for personnel of the other city or governmental entity providing such services to the city. The city may make such contributions in an annual amount not to exceed the amount of contributions for pension and related employee benefits that would otherwise be paid by the other city or governmental entity for such personnel.   2. Accounting for gifts received by the city for a particular purpose.   3. Accounting for money and property received and handled by the city as trustee or custodian or in the capacity of an agent.  [C54, 58, 62, 66, 71, 73, §404.16; C75, 77, 79, 81, §384.6]  85 Acts, ch 195, §45; 2006 Acts, ch 1130, §1; 2013 Acts, ch 30, §82  Referred to in §364.25, 384.15, 384.15A, 411.15
IA Code § 384.7 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.7 - Capital improvements fund.

384.7 Capital improvements fund.   1. A city may establish a capital improvements reserve fund, and may certify taxes not to exceed sixty-seven and one-half cents per thousand dollars of taxable value each year to be levied for the fund for the purpose of accumulating moneys for the financing of specified capital improvements, or carrying out a specific capital improvement plan.   2. The question of the establishment of a capital improvements reserve fund, the time period during which a levy will be made for the fund, and the tax rate to be levied for the fund is subject to approval by the voters, and may be submitted at any city election upon the council’s motion, or shall be submitted at the next regular city election upon receipt of a valid petition as provided in section 362.4.   3. If a continuing capital improvements levy is established by election, it may be terminated in the same manner, upon the council’s motion or upon petition. Balances in a capital improvements reserve fund are not unencumbered or unappropriated funds for the purpose of reducing tax levies. Transfers may be made between the capital improvements reserve fund, construction funds, and the general fund, as provided in rules promulgated by the city finance committee created in section 384.13.  [C75, 77, 79, 81, §384.7]  2017 Acts, ch 54, §76  Referred to in §386.9
IA Code § 384.8 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.8 - Emergency fund.

384.8 Emergency fund.   A city may establish an emergency fund and may certify taxes not to exceed twenty-seven cents per thousand dollars of taxable value each year to be levied for the fund. Transfers may be made from the emergency fund to the general fund as provided in rules promulgated by the city finance committee created in section 384.13.  [C24, 27, 31, 35, 39, §373; C46, 50, 54, 58, 62, 66, 71, 73, §24.6; C75, 77, 79, 81, §384.8]  Referred to in §384.15A
IA Code § 384.9 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.9 - Additional funds.

384.9 Additional funds.   A city may establish other funds and may certify taxes to be levied for the funds as provided by state law. The status of each account or fund must be included in the annual report required in section 384.22.  [C54, 58, 62, 66, 71, 73, §404.1; C75, 77, 79, 81, §384.9]
IA Code § 384.10 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.10 - Short-term loans.

384.10 Short-term loans.   A city may negotiate short-term loans, and may issue warrants as provided in chapter 74, in anticipation of and not in excess of its estimated revenues for the current fiscal year. However, natural disaster loans from the state or federal government and loans for projects where payment of state or federal funds has been guaranteed but receipt of such funds may not coincide with the fiscal year, may be negotiated in anticipation of revenues for a period of time longer than the current fiscal year.  [R60, §1129; C73, §500; C97, §898; C24, 27, 31, 35, 39, §6223; C46, 50, §404.17; C54, 58, §404.18; C62, 66, 71, 73, §404.19; C75, 77, 79, 81, §384.10]  Referred to in §384.57, 386.12
IA Code § 384.11 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.11 - Direct deposit of taxes.

384.11 Direct deposit of taxes.   Before the fifteenth day of each month, the county treasurer shall send the amount collected for each fund through the last day of the preceding month for direct deposit into the depository and the account designated by the city clerk. The county treasurer shall send a notice at the same time to the city clerk stating the amount deposited, date, amount to be credited to each fund according to the budget, and the source of the revenue. This section shall also apply to the collection of special assessments assessed under section 364.12 or subchapter IV of this chapter.  [R60, §1123, 1126; C73, §495, 498; C97, §902; S13, §902; C24, 27, 31, 35, 39, §6229; C46, 50, §404.23; C54, 58, §404.19; C62, 66, 71, 73, §404.20; C75, 77, 79, 81, §384.11; 82 Acts, ch 1195, §5]  84 Acts, ch 1003, §9; 2018 Acts, ch 1041, §127  Referred to in §331.559, 423B.3
IA Code § 384.13 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.13 - City finance committee.

384.13 City finance committee.   1. As used in this subchapter, unless the context otherwise requires, “committee” means the city finance committee and “director” means the director of the department of management.   2. An eight-member city finance committee is created. Members of the committee are:   a. The auditor of state or the auditor’s designee.   b. A designee of the governor.   c. Five city officials who are regularly involved in budget preparation. One official must be from a city with a population of not over two thousand five hundred, one from a city with a population of over two thousand five hundred but not over fifteen thousand, one from a city with a population of over fifteen thousand but not over fifty thousand, one from a city with a population of over fifty thousand, and one from any size city. The governor shall select and appoint the city officials.   d. One certified public accountant experienced in city accounting, to be selected and appointed by the governor.   3. City official members and the certified public accountant are appointed for four-year terms beginning and ending as provided in section 69.19 and the terms of the city officials are staggered. When a city official member no longer holds the office which qualified the official for appointment, the official may no longer be a member of the committee. Any person appointed to fill a vacancy during a term is appointed to serve for the unexpired portion of the term. Any member is eligible for reappointment, but no member shall be appointed to serve more than two complete terms.  [C75, 77, 79, 81, §384.13]  86 Acts, ch 1245, §118; 2008 Acts, ch 1156, §44, 45, 58; 2018 Acts, ch 1041, §127  Referred to in §384.5, 384.7, 384.8, 384.89
IA Code § 384.14 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.14 - Office, expenses, compensation.

384.14 Office, expenses, compensation.   1. The committee is located for administrative purposes within the department of management. The director of the department of management shall provide office space and staff assistance, and shall budget funds to cover expenses of the committee.   2. Each member is entitled to receive actual and necessary expenses incurred in the performance of committee duties. Each member other than the state official members is also entitled to receive a per diem as specified in section 7E.6 for each day spent in performance of committee duties.  [C75, 77, 79, 81, §384.14]  86 Acts, ch 1245, §119; 91 Acts, ch 258, §51; 2019 Acts, ch 24, §104
IA Code § 384.17 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.17 - Levy by county.

384.17 Levy by county.   At the time required by law, the county board of supervisors shall levy the taxes necessary for each city fund for the following fiscal year. The levy must be as shown in the adopted city budget and as certified by the clerk, subject to any changes made after a protest hearing, and any additional tax rates approved at a city election. A city levy is not valid until proof of publication or posting of notice of a budget hearing under section 384.16, subsection 3, and the notice and resolution adopted under section 384.15A are filed with the county auditor.  [C24, 27, 31, 35, 39, §376, 385; C46, 50, 54, 58, 62, 66, 71, 73, §24.10, 24.19; C75, 77, 79, 81, §384.17]  2019 Acts, ch 165, §16, 17  2019 amendment applies to city budgets and taxes for fiscal years beginning on or after July 1, 2020; 2019 Acts, ch 165, §17
IA Code § 384.18 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.18 - Budget amendment.

384.18 Budget amendment.   1. A city budget as finally adopted for the following fiscal year becomes effective July 1 and constitutes the city appropriation for each program and purpose specified therein until amended as provided in this section. A city budget for the current fiscal year may be amended for any of the following purposes:   a. To permit the appropriation and expenditure of unexpended, unencumbered cash balances on hand at the end of the preceding fiscal year which had not been anticipated in the budget.   b. To permit the appropriation and expenditure of amounts anticipated to be available from sources other than property taxation, and which had not been anticipated in the budget.   c. To permit transfers from the debt service fund, the capital improvements reserve fund, the emergency fund, or other funds established by state law, to any other city fund, unless specifically prohibited by state law.   d. To permit transfers between programs within the general fund.   2. A budget amendment must be prepared and adopted in the same manner as the original budget, as provided in section 384.16, and is subject to protest as provided in section 384.19, except that the committee may by rule provide that amendments of certain types or up to certain amounts may be made without public hearing and without being subject to protest. A city budget shall be amended by May 31 of the current fiscal year to allow time for a protest hearing to be held and a decision rendered before June 30. The amendment of a budget after May 31, which is properly appealed but without adequate time for hearing and decision before June 30 is void.  [C24, 27, 31, 35, 39, §375; C46, 50, 54, 58, 62, 66, 71, 73, §24.9; C75, 77, 79, 81, §384.18; 82 Acts, ch 1079, §6]  2010 Acts, ch 1061, §180
IA Code § 384.19 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.19 - Written protest.

384.19 Written protest.   1. Within a period of ten days after the final date that a budget or amended budget may be certified to the county auditor, persons affected by the budget may file a written protest with the county auditor specifying their objections to the budget or any part of it. A protest must be signed by registered voters equal in number to one-fourth of one percent of the votes cast for governor in the last preceding general election in the city, but the number shall not be less than ten persons and the number need not be more than one hundred persons.   2. Upon the filing of any such protest, the county auditor shall immediately prepare a true and complete copy of the written protest, together with the budget to which the objections are made, and shall transmit the same forthwith to the state appeal board, and shall also send a copy of the protest to the council.   3. The state appeal board shall proceed to consider the protest in accordance with the same provisions that protests to budgets of municipalities are considered under chapter 24. The state appeal board shall certify its decision with respect to the protest to the county auditor and to the parties to the appeal as provided by rule, and the decision shall be final.   4. The county auditor shall make up the records in accordance with the decision and the levying board shall make its levy in accordance with the decision. Upon receipt of the decision the council shall correct its records accordingly, if necessary.  [C39, §390.2, 390.7; C46, 50, 54, §24.26, 24.31; C58, 62, 66, 71, 73, §24.27, 24.32; C75, 77, 79, 81, §384.19; 82 Acts, ch 1079, §7]  2001 Acts, ch 56, §32; 2016 Acts, ch 1011, §121  Referred to in §331.502, 384.16, 384.18
IA Code § 384.20 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.20 - Separate accounts.

384.20 Separate accounts.   1. A city shall keep separate accounts corresponding to the programs and items in its adopted or amended budget, as recommended by the committee.   2. A city shall keep accounts which show an accurate and detailed statement of all public funds collected, received, or expended for any city purpose, by any city officer, employee, or other person, and which show the receipt, use, and disposition of all city property. Public moneys may not be expended or encumbered except under an annual or continuing appropriation.   3. “Continuing appropriation” means the unexpended portion of the cost of public improvements, as defined in section 26.2, which cost was adopted through a public hearing pursuant to section 26.12 and was included in an adopted or amended budget of a city. A continuing appropriation does not expire at the conclusion of a fiscal year. A continuing appropriation continues until the public improvement is completed, but expenditures under the continuing appropriation shall not exceed the resources available for paying for the public improvement.  [S13, §741-a, 741-b; C24, 27, 31, 35, 39, §5675, 5676; C46, 50, §363.49, 363.50; C54, 58, 62, 66, 71, 73, §368A.5, 368A.6; C75, 77, 79, 81, §384.20]  96 Acts, ch 1104, §1; 2006 Acts, ch 1017, §36, 42, 43; 2007 Acts, ch 144, §15
IA Code § 384.21 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.21 - Joint investment of funds.

384.21 Joint investment of funds.   A city or a city utility board shall keep all funds invested to the extent practicable and may invest the funds jointly with one or more cities, utility boards, judicial district departments of correctional services, counties, or rural water districts created under chapter 357A pursuant to a joint investment agreement. All investments of funds shall be subject to sections 12B.10 and 12B.10A and other applicable law.  87 Acts, ch 105, §2; 88 Acts, ch 1084, §2; 92 Acts, ch 1156, §15; 95 Acts, ch 77, §6
IA Code § 384.23 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.23 - Construction of words “and” and “or”.

384.23 Construction of words “and” and “or”.   As used in subchapters III through V of this chapter, the use of the conjunctive “and” includes the disjunctive “or” and the use of the disjunctive “or” includes the conjunctive “and”, unless the context clearly indicates otherwise.  [C75, 77, 79, 81, §384.23]  2007 Acts, ch 144, §16; 2018 Acts, ch 1041, §127  Referred to in §357E.11A, 389.4, 390.5
IA Code § 384.27 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.27 - Sale of bonds.

384.27 Sale of bonds.   1. A city may sell general obligation bonds at public or private sale in the manner prescribed by chapter 75.   2. General obligation funding or refunding bonds issued for the purposes specified in section 384.24, subsection 3, paragraph “f”, may be exchanged for the evidences of the legal indebtedness being funded or refunded, or such funding or refunding bonds may be sold in the manner prescribed by chapter 75 and the proceeds applied to the payment of such indebtedness. Funding or refunding bonds may bear interest at the same rate as, or at a higher or lower rate or rates of interest than the indebtedness being funded or refunded.  [C97, §910; C24, 27, 31, 35, 39, §6258, 6259; C46, 50, 54, 58, 62, 66, §408.7, 408.8; C71, 73, §378A.11, 408.7, 408.8; C75, 77, 79, 81, §384.27]  Referred to in §37.6, 357E.11A, 389.4, 390.5
IA Code § 384.28 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.28 - Categories for general obligation bonds.

384.28 Categories for general obligation bonds.   1. A city may issue general obligation bonds pursuant to a resolution adopted at a regular or special meeting by a majority of the total number of members to which the council is entitled. Each paragraph of section 384.24, subsections 3 and 4, describes a separate category. Separate categories of essential corporate purposes and of general corporate purposes may be incorporated in a single notice of intention to institute proceedings for the issuance of bonds, or separate categories may be incorporated in separate notices, and after an opportunity has been provided for filing objections, or after a favorable election has been held, if required, the council may include in a single resolution and sell as a single issue of bonds, any number or combination of essential corporate purposes or general corporate purposes. If an essential corporate purpose is combined with a general corporate purpose in a single notice of intention to institute proceedings to issue bonds, then the entire issue is subject to the referendum requirement provided in section 384.26.   2. Definitions of city enterprises, essential corporate purposes, and general corporate purposes are not mutually exclusive and shall be liberally construed. The detailing of examples is not intended to modify or restrict the meaning of general words used. If a project or activity may be reasonably construed to be included in more than one classification, the council may elect at any time between the classifications and the procedures respectively applicable to each classification.  [C75, 77, 79, 81, §384.28]  83 Acts, ch 90, §22; 2019 Acts, ch 24, §104  Referred to in §37.6, 357E.11A, 389.4, 390.5
IA Code § 384.29 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.29 - Form of bonds.

384.29 Form of bonds.   As provided by resolution of the council, general obligation bonds may:   1. Bear dates.   2. Bear interest at rates not exceeding the limitations imposed by chapter 75.   3. Mature in one or more installments.   4. Be in either coupon or registered form.   5. Carry registration and conversion privileges.   6. Be payable as to principal and interest at times and places.   7. Be subject to terms of redemption prior to maturity with or without premium.   8. Be in one or more denominations.   9. Be designated with a brief reference to purpose, or if issued for a combination of purposes, be designated “corporate purpose bond”.   10. Contain other provisions not in conflict with the laws of the state of Iowa.  [C97, §908; C24, 27, 31, 35, 39, §6255; C46, 50, 54, 58, 62, 66, 71, 73, §408.4; C75, 77, 79, 81, §384.29]  Referred to in §37.6, 357E.11A, 386.11, 389.4, 390.5
IA Code § 384.30 (2021)
2021 Iowa Code|Title IX - LOCAL GOVERNMENT|Chapter 384 - CITY FINANCE|Section 384.30 - Execution.

384.30 Execution.   General obligation bonds must be executed by the mayor and city clerk. If coupons are attached to the bonds, they must be executed with the original or facsimile signature of the clerk. A general obligation bond is valid and binding if it bears the signatures of the officers in office on the date of the execution of the bonds, notwithstanding that any or all such persons whose signatures appear thereon have ceased to be such officers prior to the delivery thereof.  [C97, §907; C24, 27, 31, 35, 39, §6254; C46, 50, 54, 58, 62, 66, 71, 73, §408.3; C75, 77, 79, 81, §384.30]  Referred to in §37.6, 357E.11A, 386.11, 389.4, 390.5