Chapter 3.10
SPENDING OF TOWN FUNDS

Sections:

3.10.010    Town funds to be spent in accordance with appropriation.

3.10.010 Town funds to be spent in accordance with appropriation.

1.    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 or amended budget. At the close of each fiscal year, any unencumbered balance of an appropriation shall revert to the general fund and shall be subject to re-appropriation; but appropriations may be made by the Board, to be paid out of loans, special assessments, or 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.

2.    Money shall be drawn from the treasury of the Town to its general funds or from specific funds, at such time as the Town Board may deem to be in the public interest. The Town Board may not change the tax levy but may allocate such funds as may be deemed to be in the best interest of the Township, with all such changes and expenditures to be reported to the electors at the annual meeting. The Town Board may incur, from time to time, loans or levy special assessments, pursuant to law, in furtherance of improvements or other public projects or works that are approved by the unanimous vote of the Town Board. (2008 code § 2.03)