Source: https://www.global-regulation.com/law/united-states/982106/3516.-estimate-of-expenditures%253b-contributions%253b-budget.html
Timestamp: 2018-10-16 11:57:59
Document Index: 15160122

Matched Legal Cases: ['§3516', '§2', '§106', '§2', '§8', '§2', '§106', '§2', '§8', '§2', '§106', '§2', '§8', '§2', '§106', '§2', '§8', '§2', '§106', '§2', '§8', '§2', '§2', '§106', '§2', '§8', '§2', '§106', '§2', '§8', '§2', '§106', '§2', '§8', '§2', '§106', '§2', '§8']

§3516. Estimate of expenditures; contributions; budget (United States)
Link to law: http://legislature.maine.gov/legis/statutes/30-A/title30-Asec3516.html
1. Estimate of expenditures and revenues.
By November 1st of each year, the board of directors shall prepare and submit to
the municipal officers of the municipalities comprising the district an itemized estimate
of expenditures and revenues for the following calendar year, which shall be the fiscal
year. This estimate must include the following:
A. An itemized estimate of anticipated revenues during the ensuing fiscal year from
each source; [1987, c. 737, Pt. A, §2 (NEW); 1987, c. 737, Pt. C, §106 (NEW); 1989, c. 6, (AMD); 1989, c. 9, §2 (AMD); 1989, c. 104, Pt. C, §§8, 10 (AMD).]
B. An itemized estimate of expenditures for each classification for the ensuing fiscal
year, including payments of principal and interest on bonds or notes issued or to
be issued by the district; [1987, c. 737, Pt. A, §2 (NEW); 1987, c. 737, Pt. C, §106 (NEW); 1989, c. 6, (AMD); 1989, c. 9, §2 (AMD); 1989, c. 104, Pt. C, §§8, 10 (AMD).]
C. After the first year of operation, an itemized statement of all actual receipts
from all sources to, and including September 30th of each previous fiscal year, with
estimated receipts from those sources shown for the balance of the year; [1987, c. 737, Pt. A, §2 (NEW); 1987, c. 737, Pt. C, §106 (NEW); 1989, c. 6, (AMD); 1989, c. 9, §2 (AMD); 1989, c. 104, Pt. C, §§8, 10 (AMD).]
D. After the first year of operation, an itemized statement of all actual expenditures,
up to and including September 30th of each previous fiscal year, with estimated expenditures
shown for the balance of the year; and [1987, c. 737, Pt. A, §2 (NEW); 1987, c. 737, Pt. C, §106 (NEW); 1989, c. 6, (AMD); 1989, c. 9, §2 (AMD); 1989, c. 104, Pt. C, §§8, 10 (AMD).]
E. An estimate of revenue surplus or deficit of the district for the fiscal year for
which estimates are being prepared. [1987, c. 737, Pt. A, §2 (NEW); 1987, c. 737, Pt. C, §106 (NEW); 1989, c. 6, (AMD); 1989, c. 9, §2 (AMD); 1989, c. 104, Pt. C, §§8, 10 (AMD).]
1987, c. 737, Pt. A, §2 (NEW);
2. Determination of municipal contributions.
Each year, before submitting the estimates required by subsection 1 to the municipal
officers, the board of directors of the district, by a 2/3 vote of its entire membership,
shall establish a formula for contributions to be made by each municipality in order
to defray any projected deficit. This formula and estimated amount of the contribution
required from each municipality shall be shown in the estimates filed with the municipal
officers of each municipality.
A. The formula shall be based upon such items as route mileage, profit or loss resulting
from the service to the municipality, population and any other factors that the board
of directors considers relevant. [1987, c. 737, Pt. A, §2 (NEW); 1987, c. 737, Pt. C, §106 (NEW); 1989, c. 6, (AMD); 1989, c. 9, §2 (AMD); 1989, c. 104, Pt. C, §§8, 10 (AMD).]
B. If the board of directors is unable to establish the formula by a 2/3 vote of its
entire membership, it shall, by November 1st:
(2) Include with its submission of the estimates to the municipal officers of each
municipality a statement that a formula has not been established but that a petition
has been made to the Public Utilities Commission for findings and a decision with
respect to a formula. [1987, c. 737, Pt. A, §2 (NEW); 1987, c. 737, Pt. C, §106 (NEW); 1989, c. 6, (AMD); 1989, c. 9, §2 (AMD); 1989, c. 104, Pt. C, §§8, 10 (AMD).]
C. If a municipality refuses to accept a formula established by the board of directors
and submitted to it by November 1st, the municipal officers of the municipality shall,
within 30 days after the submission, notify the board of directors of their refusal.
The board of directors shall then, by December 15th, petition the Public Utilities
Commission as provided in paragraph B. Upon the filing of the district's petition,
the Public Utilities Commission, after notice to all the municipalities comprising
the district and a hearing, shall consider the formula and make its findings and decision
with respect to the formula within 60 days from the filing of the district's petition.
The findings and decision of the Public Utilities Commission are binding upon the
district and the municipalities. The district or any municipality may appeal from
the findings and decision of the Public Utilities Commission in accordance with Title
35-A, section 1320. [1987, c. 737, Pt. A, §2 (NEW); 1987, c. 737, Pt. C, §106 (NEW); 1989, c. 6, (AMD); 1989, c. 9, §2 (AMD); 1989, c. 104, Pt. C, §§8, 10 (AMD).]
3. Budget; payment of allocations.
By March 1st of each year, the board of directors shall adopt a final budget for
that year which shall be itemized in the same manner as the estimate of expenditures
and revenues under subsection 1. This budget shall be submitted immediately to the
municipal officers of the municipalities comprising the district and the amounts allocated
to each municipality to defray any projected revenue deficit in the budget shall be
included in the warrant to the assessors of each municipality as provided in section
A. If an appeal from any findings and decision of the Public Utilities Commission as
provided in subsection 2, paragraph C, is pending on March 1st, the allocations shall
be made in accordance with the findings and decision of the Public Utilities Commission
from which the appeal was taken. Any adjustments to these allocations required to
be made in accordance with the decision upon any such appeal shall be made as follows.
(1) If the allocation to any municipality is increased, the additional payment shall
be included in the current assessment or, if the increase is made after April 1st,
the additional payment shall be certified to the municipal officers of the municipality
who shall appropriate the amount of the increase out of unappropriated surplus, a
contingency fund or shall raise that amount by issuing temporary notes which must
be payable within one year from their dates.
(2) If the allocation to any municipality is decreased, the amount of the decrease
shall be deducted from the current assessment or, if the decrease is made after April
1st, shall be paid by the district to the treasurer of the municipality from funds
received from municipalities whose allocation is increased. [1987, c. 737, Pt. A, §2 (NEW); 1987, c. 737, Pt. C, §106 (NEW); 1989, c. 6, (AMD); 1989, c. 9, §2 (AMD); 1989, c. 104, Pt. C, §§8, 10 (AMD).]