5-518 – Collection of Special Assessments.
§ 5-518 Collection of special assessments. 1. Any provision of law to the contrary notwithstanding, all special or local assessments levied against real property shall be collected as in this section provided. 2. Whenever an expenditure is made or a contract awarded for a purpose for which bonds cannot be issued and the amount of […]
5-520 – General Budgetary Controls.
§ 5-520 General budgetary controls. 1. A separate account shall be kept for each appropriation. Each such account shall show the amount appropriated, the several amounts expended thereform and the unexpended balance. 2. No expenditure shall be made, nor shall any contract which in any manner involves the expenditure of money or the incurring of […]
5-522 – Lapse of Appropriations.
§ 5-522 Lapse of appropriations. l. Each appropriation to the extent that it shall not have been expended or obligated, shall lapse at the close of the fiscal year for which made, except that an appropriation for a capital project shall continue in force until the purposes for which it was made shall have been […]
5-524 – Audit and Payment of Claims.
§ 5-524 Audit and payment of claims. l. The term “claim”, as used in this section, shall include all bills, accounts and demands for the payment of money, of whatever nature, asserted against the village. 2. In a village which has not established the office of auditor, the board of trustees shall audit all claims […]
5-500 – Definitions.
§ 5-500 Definitions. For the purposes of this article the following terms shall be defined as follows: l. “Administrative unit” shall mean an office, department, division, bureau, board, commission or other agency or specific activity of village government. 2. “Budget officer” shall mean the mayor or, in a village which has adopted the village manager […]
5-502 – Submission of Estimates.
§ 5-502 Submission of estimates. l. On or before the eighth day of February in each year, or such other date as may be applicable pursuant to section 5-510 of this article, the budget officer shall give written notification to the head of each administrative unit that he shall submit estimates, schedules, and statements as […]
5-504 – Preparation and Filing of Tentative Budget.
§ 5-504 Preparation and filing of tentative budget. Upon receipt of the estimates of the head of each administrative unit, the budget officer shall prepare a tentative budget. He may also prepare a budget message explaining the main features of the budget and containing such additional information as he may deem advisable. He shall furnish […]
5-506 – Form and Content of Tentative Budget.
§ 5-506 Form and content of tentative budget. 1. The tentative budget shall consist of the following schedules and statements: a. A schedule of appropriations for all expenses authorized or required by law, other than expenses of operation of a municipal electric, gas or steam utility service, or a water utility for which an annual […]