Section 8-10-29 – Report of fiscal affairs by board–Reading and publication of report.
8-10-29. Report of fiscal affairs by board–Reading and publication of report. Such board shall make a report, stating in detail the items of account audited and allowed, the nature of each account, and the name of the person to whom such account was allowed, including a statement of the fiscal concerns of the township and […]
Section 8-10-30 – Treasurer’s annual financial statement–Contents–Filing.
8-10-30. Treasurer’s annual financial statement–Contents–Filing. The township treasurer, within five days before the annual township meeting, shall prepare a report of the cash balance at the start of the fiscal year, receipts and disbursements for the fiscal year, and the cash balance and long-term debt as of the end of the fiscal year. The report […]
Section 8-10-31 – Forfeiture by treasurer for neglect of duty.
8-10-31. Forfeiture by treasurer for neglect of duty. Every township treasurer, who refuses or neglects to comply with the provisions of §§8-10-3, 8-10-27, and 8-10-30, shall forfeit not more than two thousand dollars, to be recovered by a civil action in the name of the township, for its use and benefit in the circuit court. […]
Section 8-10-32 – Township authorized to enter lease-purchase agreement to lease real or personal property.
8-10-32. Township authorized to enter lease-purchase agreement to lease real or personal property. The provisions of §8-10-7 or 8-10-8 or any other provision of law notwithstanding, any township may enter into a lease-purchase agreement for a term of years, not exceeding ten, for the purchase or lease by the municipality of real or personal property. […]
Section 8-10-19 – Register of warrants not paid on presentation–Data entered.
8-10-19. Register of warrants not paid on presentation–Data entered. The township treasurer shall keep a suitable registry to be provided at the expense of the township in which he shall enter the warrants he cannot pay for want of funds when presented to him for payment, which registry shall show in a column arranged for […]
Section 8-10-20 – Warrants paid in order of presentation–Endorsement of warrants not paid–Interest rate.
8-10-20. Warrants paid in order of presentation–Endorsement of warrants not paid–Interest rate. All warrants upon the township treasurer shall be paid out of the fund on which they were drawn in the order of presentation. Whenever any warrant is presented to the treasurer for payment and there are no funds in the treasury appropriated for […]
Section 8-10-21 – Call of registered warrants for payment–Termination of interest.
8-10-21. Call of registered warrants for payment–Termination of interest. All such registered warrants shall be paid in the order of their registration and it shall be the duty of every such treasurer as soon as money sufficient for the payment of such warrants is received to the credit of the particular fund upon which the […]
Section 8-10-22 – Tax levy for annual payment of interest on warrants.
8-10-22. Tax levy for annual payment of interest on warrants. The board of supervisors of any organized township may determine by resolution that interest shall be paid annually on all outstanding registered warrants of such township. When it has been so determined said board shall, at the time and in the manner provided for the […]
Section 8-10-23 – Call of warrants for annual payment of interest.
8-10-23. Call of warrants for annual payment of interest. As soon as there is sufficient money in such special warrant interest fund to pay one year’s interest on one or more outstanding warrants, the township treasurer shall notify the holder of the oldest registered warrant or warrants to present the same for payment of interest, […]
Section 8-10-8 – Township expenditures limited by annual tax levy.
8-10-8. Township expenditures limited by annual tax levy. No township has power to contract debts or make expenditures for any one year in excess of the amount of taxes assessed for such year, without having been authorized by a majority of the voters of such township. Source: SL 1883, ch 112, subch 1, §115; CL […]