Conn. Gen. Stat. § 7-367
Amount of fund not to exceed current tax levy
Connecticut · General Statutes of Connecticut Chapter 108 — Municipal Reserve Fund · Status: effective
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- Conn. Gen. Stat. § 7-367, Amount of fund not to exceed current tax levy, Connecticut, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2164897
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Full text
No payments shall be made to the reserve fund as provided for in section 7-361 which will cause the amount of such fund to exceed the current tax levy of the municipality, except for the addition of interest and dividends earned by such fund except in the case of any fire district or consolidated or unconsolidated borough, no such payments shall be made which will cause the amount of such fund to exceed three times the current tax levy of such fire district or borough excluding the addition of interest and dividends earned by such fund.