5-514 – Limitation of Tax Levy.
§ 5-514 Limitation of tax levy. I. The amount which may be raised by general village tax on real estate in any fiscal year for village purposes, shall be the same amount as a village may raise under the provisions of article eight of the constitution. 2. If any joint indebtedness described in title one-A […]
5-516 – Lien of Special Assessment.
§ 5-516 Lien of special assessment. 1. Any provision of law to the contrary notwithstanding, in any case in which a special or local assessment is levied against real property a lien shall attach as of the time when the assessment is confirmed by the body authorized to finally determine the amount of such assessment, […]
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 […]
5-500 – 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 […]