Florida Statutes § 218.02 — Disposition of unused funds relating to the refunding of bonds.
Search Florida StatutesFrom the Legislature's 2026 edition, which includes changes effective through January 1, 2027. Later effective dates are retained in each section's source notes.
Part I — GENERAL FINANCIAL PROVISIONS RELATING TO POLITICAL SUBDIVISIONS
(1) All funds heretofore or hereafter raised or created by any county or taxing district for the purpose of applying toward the payment of interest or principal of refunding bonds of such county or taxing district, when such refunding bonds are not issued and such funds not otherwise lawfully disposed of, shall revert back to the county or special taxing district to be used by the governing body or board of such county or taxing district for such general and lawful purposes of the county or taxing district raising such funds as in the judgment and discretion of such governing body or board shall seem to the best interest of the county or taxing district.
(2) For the purpose of carrying out the intent of this section, every officer or board, now or hereafter having the custody of any of the said funds shall transmit and return the same to the governing body or board of the county or taxing district, taking receipt therefor from such governing body or board.
History
History.—ss. 1, 2, ch. 15907, 1933; CGL 1936 Supp. 1365(4).
Source captured on 2026-10-10. Read the official chapter.