§ 6-56-402. Employment of Person With Oversight Responsibilities Regarding Financial Operations — Exceptions
To ensure competence in the handling of municipal funds and the protection of public moneys, each municipality shall have in its employ, except as provided in this section, at least one (1) certified municipal finance officer (CMFO) or an exempt individual as recorder, city clerk, director of finance, or other official or employee who has […]
§ 6-56-403. Development of Curriculum for Certified Municipal Finance Officer — Candidates for Course — Demonstrated Proficiencies — Training and Testing Administration
The municipal technical advisory service (MTAS) of the University of Tennessee’s institute for public service, with the approval of the state comptroller’s office, shall develop a curriculum, including testing, leading to the designation certified municipal finance officer (CMFO). The program shall include at least eighty (80) combined hours of course and lab work, including the […]
§ 6-56-207. Limitation on Tax Levies and Appropriations
Except in cases of emergency as set out in § 6-56-205, no levy of property taxes shall be made by any municipality unless and until a budget ordinance has been adopted and no appropriation of moneys or revenues shall be made for any purpose contrary to the estimates in the budget ordinance.
§ 6-56-208. Amendment of Budget Ordinance
Except as otherwise restricted by law, the governing body may amend the budget ordinance in the same manner as any other ordinance may be amended.
§ 6-56-209. Transfer of Money
The governing body by appropriate resolution or ordinance may authorize the budget officer to transfer moneys from one appropriation to another within the same fund, subject to such limitations and procedures as it may prescribe. Any such transfers shall be reported to the governing body at its next regular meeting and shall be entered in […]
§ 6-56-210. Carry Over of Appropriations
If for any reason a budget ordinance is not adopted prior to the beginning of the next fiscal year, the appropriations for the last fiscal year shall become the appropriations for the next fiscal year, until the adoption of the new budget ordinance.
§ 6-56-211. Unexpended Appropriations
Any portion of an annual appropriation remaining unexpended and unencumbered at the close of a fiscal year shall lapse and be credited to the general fund, except that any balance remaining in any other fund at the end of a fiscal year may remain to the credit of that fund and be subject to further […]
§ 6-56-212. Intragovernmental Service Funds
If a local government or public authority establishes and operates one (1) or more intragovernmental service funds, it need not include such a fund in its budget ordinance. However, at the same time it adopts the budget ordinance, the governing body shall approve a balanced financial plan for each intragovernmental service fund. A financial plan […]
§ 6-56-301. Short Title
This part shall be known and may be cited as the “Municipal Purchasing Law of 1983.”
§ 6-56-302. Application of Part
This part shall apply to all purchases by authorized officials in all municipalities using or encumbering municipal funds, except as follows: This part shall not apply to purchases by authorized officials in municipalities that have a charter provision or private act that either establishes within the charter or act itself dollar limits over which competitive […]