CHAPTER 33: FINANCES
Section
Budget
   33.01   Preparation of budget
   33.02   Budget ordinance
   33.03   Certification of levies
   33.04   Supplemental and emergency appropriations
   33.05   Disbursement of funds
Tax Levy
   33.20   Annual levy
Bids and Contracts
   33.35   Contracts authorized
   33.36   Interest in contracts
   33.37   Performance bonds
   33.38   Bidding contracts
   33.39   Acceptance of bid
   33.40   Exemptions from bidding
Cross-reference:
   Storm Sewer Maintenance Fund, see §§ 53.115 through 53.117
BUDGET
§ 33.01 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.
   (B)   The annual report shall be prepared with an annual report from the boards and commissions in the municipality.
(Prior Code, § 34.01)
Statutory reference:
   Related provisions, see SDCL § 9-22-23
§ 33.02 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.
(Prior Code, § 34.02)
Statutory reference:
   Related provisions, see SDCL § 9-21-2
§ 33.03 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.
(Prior Code, § 34.04)
§ 33.04 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.
   (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, an amount sufficient to provide for the necessary expense incurred by the emergency event.
(Prior Code, § 34.05)
Statutory reference:
   Related provisions, see SDCL § 9-21-15
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