Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-10-20
BOARD OF FINANCE.
rrrs SUBJECT TO ne Considered
NEXT THURSDAY NIGHT.
BILL PRESENTED BY Mr.. MEREDITH.
C,sy Attorney. I'm Accordance With
Directions, submits very Care
fuliy-Drawn Measure-Its Provis-
ions and Restrictions In Full.

There viii be another meeting OF the
Council Committee on Charter Changes at
8 o'clock next Thursday night al which
tho bill providing for the creation OF
Board OF Finance for the city Of Rich
Snond viii be further considered. At the
last session OF this body. It win be re-
mcmbored. the City Attorney. MIR. c. V.
Meredith. in accordance with directions
from the committee. submitted a most
carefully-drawn act covering this ques-
ton In most minute detail. This bill was
slightly amended in several particulars,
and its further consideration was post
poned until next Thursday evening.
The bin as presented by the City At
torney was as follows:
7. There shall be a board Of finance OF
the city OF Richmond. which shall be
composed as follows: The Mayor. who
shall be ex-oiiicio president. and one rep
resentatve from each ward. TO be elect
ed by the voters Of the entire city. No
person shall be elected such representa-
tive who shall mold any Office, position,
or employment under the city. State or
National Government. and any member
who during his term Of office shall be
nominated for any Office elected by the
people, and shall not decline the said
nomination within ten days from the time
he has notice thereof or who shall be
elected or appointed 10 any city. State, or
national office. and shall accept. shall be
deemed ipso facto 10 have vacated MS
position on said board Any representative
may be removed from Office for good
cause shown and after hearing by the
City Council. by vote OF two thirds OF
all the members elected to each branch
OF the City Council. II said vote shall be
approved by the Mayor; and, If vetoed
then By a three-fourths vote Of said
members.
HOW TO BE ELECTED.
2. The election Of the representatives, or
members. Of said board shall first be held
al the municipal election TO be held on
the fourth Thursday in May. 1898 and all
members subsequently elected TO said
board shall be elected at the subsequent
biennial municipal elections for six years.
Their terms OF Office shall begin on the
first day Of July succeeding their respec-
tive elections.
At the first meeting OF said board. which
July. 1SoS. or as soon as practicable there
after the said six representatives, shall be
divided by lot into three classes of two
each-one class TO serve for two years
from July /. 1898; the second to serve four
years. and the third class to serve SIX
years.
IL shall require five of the seven mem
bers TO constitute a quorum TO appropriate
money; but for all other purposes -FOUR
shall be sufficient. All questions shall De
decided by majority vote of those pres
ent. A vacancy occurring from any cause
other than an expiration of term, snall
be filled by said board until the next sue
ceedng biennial municipal election, al
Shich election the vacancy shall be hled
Cor the rest of the uncXpired term II any.
g. The said board shall meet ~ least
snce a month. and whenever called by
the Mayor. and Oftener If the board shail
deem Al desirable. The Special Accountant
OF the city in Office when the board shall
frat meet shall be the secretary of SAID
board lie shall keep a record or the
meetings OF said board, which shall a.
ways be open 10 inspection by any MEM
Der OF the Cfty Council. When the term
OF the Special Accountant. in Office on
the first day Of July. 1898. shall have ex-
plred, his successor In ONCE 1hoH De
elected by the said board of finance Tor
the same length OF term Tor winch ne Is
now required by ordinance 10 be elected,
and shall only be under the orders ana
requirements OF said board, and shail
perform for said board the duties Whlch
may now be required of him by the FL
nance Committee and such other duties
as the said board may impose.
The City Auditor shall attend all meet
ings OF SAID board, and give such intor-
nation as pertains to his office as the
board may require. The said board shall
have power to require the attendance or
any other city official. clerk, or employee.
and examine him as to his once, or the
office or department in which he may be
employed IL shall be the duty Of any
such Official. clerk, or employee TO so at
tend, and give any desired information,
and 20 produce such books and papers as
the said board may require.
EXCLUSIVE CONTROL or FINANCES. !
l. The said board shall have the eXclu-
sive control and management of the fiscal
affairs OF the city. TO the extent OF making
all appropriations, from current revenues,
OF the amounts 10 be spent by the city |
during any period not exceeding one year; !
OF managing. renewing, paying. or IN |
creaslng the city debt within the limit |
fixed by the charter: Of managing the |
sinking fund: Of making and paying tenn |
porary loans and of fixing the amounts
or rates OF license taxes TO be PAID py |
each person or class, after the Council |
shall have designated who shall be liable |
10 pay such license taxes. The board SHAH
have authority TO make all necessary !
rules and regulations TO carry out the I
nate the bank, or banks. in which the |
money OF the city shall be deposited.
3. The said board shall have no power |
TO make any appropriations for the year |
1SqS. all appropriations during that year |
10 be made by the City Council. All APP |
propriatiOns made by the Council and UNI !
extended on the 3lst day OF December. |
1885 shall stand cancelled. and all money |
expended after that date shall be only !
upon appropriations made by said board. |
During the month of January OF each |
year the Auditor may pay all proper bills |
contracted during the preceding year Tor |
work then done. or supplies already fur- |
nished. out Of the appropriated uneXpend-
cd balance; such payments 10 be charged |
against the appropriation for the preced-
ing year.
6. The board shall annually. by the LIST /
Of December beginning with December |
J. 1898. make a budget of what sums II
has appropriated for the city's eXpendi-
lures during the next calendar year. |
Such budgets shall be forwarded by the |
Mayor 20 that branch Of the City Council
which shall have the first regular meet
ing in the said month. and shall be for |
warded by that branch OF the Council TO
tho other branch.
All communications from the said board |
10 the City Council shall be transmitted |
through the Mayor: but the Council may /
refer or recommend any matter 10 the |
said board by a resolution of reference, |
or recommendation.
MAKING OF APPROPRIATIONS.
z. In their annual budgets the said
board shall appropriate 10 each OF the |
different departments OF the city govern
ment "A lump sum for their respective ex- !