Source: https://ecode360.com/9754670
Timestamp: 2018-08-19 00:09:08
Document Index: 409285482

Matched Legal Cases: ['§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§ 60', '§ 66', '§ 66', '§ 34', '§ 66', '§ 66', '§ 70', '§ 70']

Town of Cedarburg, WI Budget and Finance
§ 21-1 Preparation and adoption of budget.
§ 21-2 Changes in budget.
§ 21-3 Town funds to be spent in accordance with appropriation.
§ 21-4 Annual financial statement.
§ 21-5 Finance book.
§ 21-6 Financial audits.
§ 21-7 Claims against Town.
§ 21-8 Disbursements from treasury.
§ 21-9 Facsimile signatures.
§ 21-10 Public depositories.
§ 21-11 Temporary investment of funds.
§ 21-12 Public contracts and competitive bidding.
§ 21-13 Receiving money; receipts.
§ 21-14 Duplicate Treasurer's bond eliminated.
§ 21-15 Statement of real property status.
Chapter 21: Budget and Finance
[HISTORY: Adopted by the Town Board of the Town of Cedarburg 1-2-1991 as Title 2, Ch. 7 of the 1991 Code. Amendments noted where applicable.]
Special assessments and charges — See Ch. 10.
Chapter 21 : Budget and Finance
Fiscal year; annual budget. The Town fiscal year is the calendar year. The Town budget shall be adopted annually.
Estimates. When requested by the Chairperson, Town Board or Town Administrator, each officer, department and committee shall annually file with the Town Administrator an itemized statement of disbursements made to carry out the powers and duties of such officer, department or committee during the preceding fiscal year and a detailed statement of the receipts and disbursements on account of any special fund under the supervision of such officer, department or committee during such year, and of the conditions and management of such fund, and detailed estimates of the same matters for the current fiscal year and for the ensuing fiscal year. Such statements shall be presented in the form prescribed by the Town Administrator and shall be designated as "Departmental Estimates" and shall be as nearly uniform as possible for the main division of all departments.
The actual expenditures of each department and activity for the expired portion of the current year, and last preceding fiscal year, and the estimated expense of conducting each department and activity of the Town for the remainder of the current year and ensuing fiscal year, with reasons for any proposed increase or decrease as compared with actual and estimated expenditures for the current year.
An itemization of all anticipated income of the Town from sources other than general property taxes and bonds issued, with a comparative statement of the amounts received by the Town from each of the same or similar sources for the last preceding and current fiscal year.
All existing indebtedness of the Town, including the amount of interest payable and principal to be redeemed on any outstanding general obligation bonds of the Town and any estimated deficiency in the sinking fund of any such bonds during the ensuing fiscal year.
The adopted budget shall not be changed after approval of the budget except upon the recommendation of the Chairperson and upon a two-thirds vote of the entire membership of the Town Board. Notice of such transfer shall be given by publication within eight days thereafter in the official Town newspaper.
No money shall be drawn from the treasury of the Town, nor shall any obligation for the expenditure of money be incurred, except in pursuance of the annual appropriation in the adopted budget or when changed as authorized by § 21-2 of this chapter. At the close of each fiscal year, any unencumbered balance of any appropriation shall revert to the general fund and shall be subject to reappropriation, but appropriations may be made by the Board, to be paid out of the income of the current year, in furtherance of improvements or other objects or works which will not be completed within such year, and any such appropriation shall continue in force until the purpose for which it was made shall have been accomplished or abandoned.
The Town Clerk shall maintain a finance book under § 60.33(3), Wis. Stats.
The Town Board may provide for financial audits under § 66.0605, Wis. Stats.
Disbursements from the Town treasury shall be made under § 66.0607, Wis. Stats. Each check representing a disbursement or transfer of Town funds must be signed by both the Clerk and Treasurer, unless the Town Board adopts a resolution, which is filed with each public depository holding Town funds, requiring only two signatures. Each check must also be signed by the person who chairs the Town Board.
In lieu of the personal signatures of the Treasurer, Clerk and Chairperson, there may be affixed on order checks the facsimile signatures of such persons adopted by them and approved by the Town Board, but the use of the facsimile signature shall not relieve such official from any liability to which he is otherwise subject, including the unauthorized use thereof.
The Town Board shall designate one or more public depositories for depositing funds of the Town. The Treasurer and the Treasurer's surety are not liable for loss, as defined under § 34.01(2), Wis. Stats., of money deposited in the name of the Town in a designated public depository. Interest accruing from Town money in a public depository shall be credited to the Town.
The Town Treasurer may invest any Town funds not immediately needed, pursuant to §§ 66.0603(1m) and 219.05, Wis. Stats.
Definitions. In this section, the following terms shall have the meaning indicated:
A contract for the construction, execution, repair, remodeling or improvement of any public work or building or for the furnishing of materials or supplies, with an estimated cost greater than $5,000.
Advertisement for bids. Except as provided in Subsections D and E:
[Amended 8-5-2009 by Ord. No. 2009-13]
The Town may not enter into a public contract with an estimated cost of more than $5,000 but not more than $25,000 unless the Town Board, or a Town official or employee designated by the Town Board, gives a Class 1 notice under Ch. 985, Wis. Stats., before execution of that public contract.
The Town may not enter into a public contract with a value of more than $25,000 unless the Town Board, or a Town official or employee designated by the Town Board, advertises for proposals to perform the terms of the public contract by publishing a Class 2 notice under Ch. 985, Wis. Stats. The Town Board may provide for additional means of advertising for bids
Contracts to lowest responsible bidder. The Town Board shall let a public contract for which advertising for proposals is required under Subsection B(2) to the lowest responsible bidder. Section 66.0901, Wis. Stats., applies to public contracts let under Subsection B(2).
Contracts with governmental entities. This section does not apply to public contracts entered into by the Town with a municipality, as defined under § 66.0301(1)(a), Wis. Stats.
Exception for emergencies and donated materials and labor. This section is optional with respect to public contracts for the repair and construction of public facilities when damage or threatened damage to the facility creates an emergency, as declared by resolution of the Town Board, that endangers the public health or welfare of the Town. This subsection no longer applies when the Town Board declares that the emergency no longer exists. This section is optional with respect to a public contract if the materials related to the contract are donated or if the labor that is necessary to execute the public contract is provided by volunteers.
The Treasurer shall not receive any money into the treasury from any source, except on account of taxes levied and collected during the fiscal year for which he or she may then be serving, without giving a receipt therefor in the manner specified by the Town Board.
Upon the payment of any money (except for taxes as herein provided), the Treasurer shall make out a receipt in duplicate for the money so received. The Treasurer shall charge the amount thereof to the treasury and credit the proper account. The payment of the money to any receiving agent of the Town or to the Town or to the Treasurer shall be safeguarded in such manner as the Town Board shall direct.
Bond eliminated. The Town of Cedarburg elects not to give the bond on the Town Treasurer provided for by § 70.67(1), Wis. Stats.
Town liable for default of Treasurer. Pursuant to § 70.67(2), Wis. Stats., the Town shall be obligated to pay, in case the Treasurer shall fail to do so, all state and county taxes required by law to be paid by such Treasurer to the County Treasurer.
The Town Clerk is authorized to prepare a statement of real property status form to be used to provide information often requested for transfers of real property, such as the amount of outstanding special assessments, deferred assessments, changes in assessments, amount of taxes, outstanding water, electric and sewer bills, current water, electric and sewer bills, contemplated improvement, floodplain status, violation of the building and health codes and similar information. Any such information sought shall be provided to the person requesting it on said form. The Town Clerk shall collect a fee as set by the Town Board for furnishing such information on said form.