(A) Purpose and authority. This section is enacted pursuant to the authority of Wis. Stats. § 66.0608 for the purpose of authorizing volunteer funds to be held in both the name of the Fire Department, the first responder unit and Park Board. This section is to be interpreted in conformance with that section as it may be amended from time to time.
(B) Authorization. The Village Board of the Village of Linden does hereby authorize the Village Fire Chief, the Chief of the first responder unit and Park Board Chairperson to deposit volunteer funds of the department in an account in the name of the Fire Department, first responder unit and park, respectively, in any public depository in which other village funds are being held by the Village Treasurer.
(C) Control of funds. The Fire Department, through its Fire Chief, the first responder unit, through its Chief, and the Park Board, through its Chairperson, are granted exclusive control over the expenditure of funds of their respective departments.
(D) Limitations and requirements. The following limitations and requirements shall apply to the handling and disbursement of funds from the account:
(1) Expenditures. Withdrawals and expenditures may be made for any purpose that promotes the ability of the department to provide services for which it is organized.
(2) Accountings. The Chief of each department shall provide the Village Board with a yearly statement at the end of December of each calendar year. The statement shall be provided within 30 days of the end of the calendar year. The statement shall include a detailed itemization of all receipts, expenditures, and the balance on hand at the end of the year. The source of all funds and the identity of the payee for each disbursement shall be set forth.
(3) Audit. Department accounts shall be included in the annual audit of village funds. They shall be audited in the same manner as other village funds.
(E) Ownership of funds. Volunteer funds shall remain the property of the village until the funds are disbursed.
(Ord. 37-07, passed - -07)
Statutory reference:
Similar provisions, see Wis. Stats. § 66.0608