CHAPTER 36: FINANCE

Section

   36.01   Fiscal year

   36.02   Annual budget

   36.03   Purchasing manual adopted by reference

   36.04   Treasurer's annual account report; publication

   36.05   Returned checks due to nonsufficient funds; fee

   36.06   Funds received for sale of real property

   36.07   Authorized depositories and signatories

§ 36.01 FISCAL YEAR.

   The fiscal year of the village shall commence on May 1 in each year and continue to and include April 30 of the following year.

('77 Code, § 12.001) (Ord. passed 4-2-56)

§ 36.02 ANNUAL BUDGET.

   The village adopts ILCS Ch. 65, Act 5 §§ 8-2-9.1 through 8-2- 9.10 to provide for the adoption of an annual municipal budget, in lieu of an annual appropriation ordinance.

('77 Code, § 12.002) (Ord. 73-0-017, passed 4-2-73; Am. Ord. 92-0-025, passed 4-28-92)

§ 36.03 PURCHASING MANUAL ADOPTED BY REFERENCE.

   (A)   The purchasing manual is hereby adopted, and all the rules, regulations, and procedures contained therein, are incorporated into this chapter as fully as if each rule, regulation, and procedure had been set out at length in this chapter.

   (B)   All purchases made by the village shall be governed by the purchasing manual, which shall hereafter be incorporated as a section of the village’s fiscal policies manual which has been, and is now, on file in the office of the Village Clerk of the Village of Tinley Park, Cook, and Will Counties, Illinois.

(Am. Ord. 2017-O-012, passed 3-7- 17; Am. Ord. 2019-O-033, passed 6-18-19; Am. Ord. 2024-O-009, passed 2-6-24)