US Lawyer Database

§ 6-56-405. Exemptions From Education Requirements

The following individuals with financial oversight responsibility employed as a finance officer by a municipality and who would otherwise be required to have the certified municipal finance officer (CMFO) designation are exempt from the educational requirements leading to the CMFO designation, but shall comply with the continuing educational requirements of § 6-56-404: An individual designated […]

§ 6-56-406. Compliance

Municipalities shall comply with the requirement that they have a certified municipal finance officer (CMFO) in their employ based on the following schedule determined by the gross revenues the municipality derived from all funds, including utilities, during the July 1, 2006, to June 30, 2007, fiscal year: Gross revenues Compliance date $10 million or more […]

§ 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 […]

§ 6-56-302. 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 […]

§ 6-56-303. Limits on Purchases

All purchases made from funds subject to the authority of this part shall be made within the limits of the approved budget, when required, and the appropriations, when required, for the department, office or agency for which the purchase is made.

§ 6-56-206. Notice and Hearing on Proposed Budget

A public hearing shall be held on the proposed budget ordinance before its final adoption by the governing body, at such time and place as the governing body shall direct. The governing body of each municipality shall cause to be published the proposed annual operating budget and budgetary comparisons of the proposed budget with 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.