Section 110.22 – Accounting Rules; Moneys Received.
110.22 Accounting rules; moneys received. Sec. 22. All moneys and taxes raised, loaned or appropriated for the purposes of any particular fund, shall be paid in and credited to such fund, and shall be applied to the purposes for which such moneys were raised and received, and to none other; nor shall the moneys belonging […]
Section 110.23 – Moneys; Procedure for Disbursement.
110.23 Moneys; procedure for disbursement. Sec. 23. No money shall be drawn from the treasury, except in pursuance of the authority and appropriation of the council and upon the warrant of the clerk. Such warrant shall specify the fund from which it is payable, and shall be paid from no other fund. History: 1895, Act […]
Section 110.24 – Moneys; Drawing Upon Exhausted Funds; Warrants on Such Funds Declared Void.
110.24 Moneys; drawing upon exhausted funds; warrants on such funds declared void. Sec. 24. No warrant shall be drawn upon the treasury, after the fund from which it should be paid has been exhausted; nor when the liabilities outstanding, and previously incurred and payable from such fund, are sufficient to exhaust it. Any warrant, draft […]
Section 110.25 – Loans; Limitation; Bonds.
110.25 Loans; limitation; bonds. Sec. 25. Loans shall not be made by the council, or by its authority, in any year exceeding the amounts prescribed in this act. For any loans lawfully made, the bonds of the city may be issued, subject to the provisions of the revised municipal finance act, 2001 PA 34, MCL […]
Section 110.26 – Annual Accounts Audit by Council; Statement, Contents.
110.26 Annual accounts audit by council; statement, contents. Sec. 26. Immediately upon the close of the fiscal year the council shall audit and settle the accounts of the city treasurer and other officers of the city, and the accounts also, as far as practicable, of all persons having claims against the city, or accounts with […]
Section 110.27 – Statement of Receipts; Filing, Publication.
110.27 Statement of receipts; filing, publication. Sec. 27. Said statement, signed by the mayor and clerk, shall be filed in the office of the city clerk, and a copy thereof published in 1 of the newspapers of the city. History: 1895, Act 215, Eff. Aug. 30, 1895 ;– CL 1897, 3315 ;– CL 1915, 3239 […]
Section 110.12 – Annual Appropriation Bill; Purpose; Contents.
110.12 Annual appropriation bill; purpose; contents. Sec. 12. The council shall also in the said month of September, or in said month of May where the council has decided to have the taxes levied and paid in 2 installments as authorized in section 2 of chapter 30, pass an ordinance, to be termed the annual […]
Section 110.28 – Misappropriation of Moneys; Penalty.
110.28 Misappropriation of moneys; penalty. Sec. 28. If any officer of the corporation shall, directly or indirectly, appropriate or convert any of the moneys, securities, evidences of value, or any property whatsoever, belonging to the corporation or any board thereof, to his own use, or shall directly or indirectly and knowingly, appropriate or convert the […]
Section 110.1 – Fiscal Year.
110.1 Fiscal year. Sec. 1. The fiscal year of cities subject to the provisions of this act shall commence on the first Monday of March in each year, or when the council has decided to have the taxes collected in 2 installments, as authorized by section 2 of chapter 30, the fiscal year shall commence […]
Section 110.2 – Council’s Power of Taxation; Collection; Installments.
110.2 Council’s power of taxation; collection; installments. Sec. 2. The council of any such city shall have authority, within the limitations herein prescribed, to raise annually by taxation within the corporation such sum of money as may be necessary to defray the expenses and pay the liabilities of the city and to carry into effect […]