CHAPTER 34:  FINANCE
Section
Budget
   34.01   Preparation of budget
   34.02   Budget ordinance
   34.03   Passage of appropriation ordinance
   34.04   Certification of levies
   34.05   Supplemental and emergency appropriations
   34.06   Disbursement of funds
Taxation
   34.20   Annual levy
   34.21   Municipal tax
   34.22   Special bed, board, booze and ticket sales tax
Bids and Contracts
   34.30   Contracts authorized
   34.31   Interest in contracts
   34.32   Performance bonds
   34.33   Contracts, methods of awarding
   34.34   Sealed bids
   34.35   Sealed proposals
   34.36   Unique supplies or services; sole source procurement; negotiations
   34.37   Emergency procurement
   34.38   Purchases of supplies and services under $25,000
   34.39   Cancellation of invitation for bids or request for proposals and rejection of bids or proposals
   34.40   Public improvement contracts involving $50,000; supplies and services contracts involving $25,000 or more; advertisement for bids or proposals
   34.41   Time for entering into contract
   34.42   Recovery from defaulting bidder or offeror
   34.43   Exempt procurements
   34.44   Public sale or auction; performance bond; competitive quotations; records to be retained
   34.45   Purchases from state contract list or below state contract price
   34.46   Fuel purchased by local government units
Funds and Monies Received
   34.55   Business improvement districts, usage of funds
   34.56   Internal service fund for equipment purchases
   34.57   Payments to municipality from revenues of cooperative providing electric service within municipality
   34.58   Bad checks
Bonds and Notes
   34.70   Municipal bonds and notes
Statutory reference:
   Centralized public bid exchange, see SDCL § 5-18A-13
   Fiscal powers of municipalities, see SDCL § 9-12-2
   Purchasing agency contracts, see SDCL § 5-18A-1 and Chapters 5-18A, 5-18B, 5-18C and
BUDGET
§ 34.01  PREPARATION OF BUDGET.
   (A)   The finance officer shall report to the governing body, on or before September 1, an estimate of expenses for the ensuing year and revenue to be raised for the current year.  This estimate may contain a line item for contingencies, provided it does not exceed 5% of the total budget.
(SDCL § 9-22-23)
   (B)   The annual report shall be prepared with an annual report from the boards and commissions  in the municipality. 
Statutory reference:
   Budget of park boards, see SDCL §§ 9-38-42 and 9-38-44
§ 34.02  BUDGET ORDINANCE.
   No later than the first regular meeting of the governing body in September, or within ten days thereafter, an annual appropriation ordinance for the ensuing year must be introduced in which it shall appropriate the sums of money necessary to meet all lawful expenses and liabilities of the municipality.  The ordinance shall specify the function and subfunction as prescribed by the Department of Legislative Audit for which the appropriations are made and the amount appropriated for each function and subfunction, which amount shall be appropriated from the proper fund.
(SDCL § 9-21-2)
§ 34.03  PASSAGE OF APPROPRIATION ORDINANCE.
   (A)   The appropriation ordinance shall be passed by a majority of the aldermen.  The mayor cannot break a tie.
(SDCL § 9-7-7)
   (B)   The mayor under the aldermanic form of government can veto all or any part of an appropriation ordinance.
(SDCL §§ 9-8-3 and 9-19-10)
   (C)   Upon passage, the appropriation ordinance shall be published in the same manner as all other ordinances.
Cross-reference:
   Special elections, see § 32.03
§ 34.04  CERTIFICATION OF LEVIES.
   Pursuant to SDCL § 10-12-7, all tax levies must be certified to the county auditor by the taxing district on or before October 1 of each year.
§ 34.05  SUPPLEMENTAL AND EMERGENCY APPROPRIATIONS.
   (A)   Supplemental appropriation.  If no provision in the appropriation is made for the municipality to conduct the indispensable functions of government, the governing body may approve and adopt a supplement appropriation ordinance, provided that it sets out in detail the reason and amount for each appropriation.  The procedures to adopt the supplemental appropriation are the same as for the annual appropriation ordinance.
(SDCL § 9-21-7)
   (B)   Emergency appropriation.  If an event occurs that could not have been reasonably anticipated at the time the annual appropriation was created and adopted, the governing body may order the mayor or president to borrow, in the name of the municipality and with the attest of the finance officer, a amount sufficient to provide for the necessary expense incurred by the emergency event.
(SDCL § 9-21-15)
Loading...