(A) The Village Clerk shall annually, in making his or her report under § 31.071, particularly specify the probable liabilities of said village during the current fiscal year, as follows:
(1) For principal of bonded debt, if any, $_____;
(2) For interest on bonded debt, if any, $_____;
(3) For salaries, $_____;
(4) For sidewalk, $_____;
(5) For streets and alleys, $_____;
(6) For printing, rent, and fuel, $_____; and
(7) For miscellaneous expenses, $_____.
(B) He or she shall also state the probable aggregate revenue from fines, dog tax, street labor, licenses, and other sources of revenue other than direct taxation; and the Village Board shall, in the said annual appropriation bill, fix the amount necessary to liquidate each of the aforesaid liabilities, and shall certify only to the County Clerk aforesaid such aggregate amount thereof as may be necessary to be raised by direct taxation.
(Ord. 14, passed 1-5-1891)