§8-13-22c. Restrictions on Investment
Moneys invested as permitted by section eleven of this article are subject to the restrictions and conditions contained in this section: (1) At no time may more than seventy-five percent of the portfolio of either fund be invested in securities described in subdivision (7), section eleven of this article;
§8-13-22d. Payment of Legitimate Uncontested Invoices; Interest on Late Payments; &Quot;prompt Pay Act of 1995."
(a) Any properly registered and qualified vendor who supplies services or commodities to any municipality or agency thereof, shall be entitled to prompt payment upon presentation to that municipality or agency of a legitimate uncontested invoice. (b)(1) Except as provided in subdivision (2) of this subsection, for purchases of services or commodities made on or […]
§8-13-23. Preparation, Publication and Disposition of Financial Statements
(a) Every city, within ninety days after the beginning of each fiscal year, shall prepare on a form to be prescribed by the State Tax Commissioner and cause to be published a sworn statement revealing: (1) The receipts and expenditures of the city during the previous fiscal year; (2) the name of each person who […]
§8-13-14. Penalties
§8-13-14. Penalties. Every municipality shall have plenary power and authority to provide, by ordinance, penalties for the violation of any ordinance enacted pursuant to the provisions of this article.
§8-13-15. Collection of Municipal Taxes, Fines and Assessments
Unless otherwise provided, it shall be the duty of the treasurer of the municipality or other individual who may be designated by general law, by charter provisions or by the governing body, to collect and promptly pay into the municipal treasury all taxes, fines, special assessments or other moneys due the municipality. All such taxes, […]
§8-13-15a. Providing for Payment at Banking Institutions
Notwithstanding any other provision of this code the treasurer of the municipality, or other individual who may be designated by general law, by charter provision or by the governing body, to collect and promptly pay into the municipal treasury all taxes, fines, special assessments and other moneys due the municipality, may enter into a contract […]
§8-13-16. Remedies for Failure to Collect, Account for or Pay Over Moneys
If the treasurer, or other individual designated, shall fail to collect, account for or pay over all or any of the moneys with which he may be chargeable, belonging to the municipality, according to the conditions of his bond and the orders of the governing body, it shall be lawful for the governing body to […]
§8-13-17. Reports, etc., to Conform to Fiscal Year
§8-13-17. Reports, etc., to conform to fiscal year. All reports, settlements, accounts and statements of municipalities which are now, or which may hereafter be, required by law shall be kept and made to conform to the fiscal year.
§8-13-18. Audits and Accounts
The provisions of article nine, chapter six of this code shall apply to every municipality. By charter provision or ordinance, provision may be made for a system of budgeting, accounting and record keeping, and for the conduct of the transactions of the municipality, but any such provision shall not conflict with said article nine, chapter […]
§8-13-19. Capital Reserve Fund
The governing body of every municipality shall have plenary power and authority to establish a special fund to be known as the "capital reserve fund." The fund shall consist of unexpended balances of other funds which may be transferred to the fund, with the approval of the State Tax Commissioner, at the end of the […]