Sec. 7-273f. District budget. Audit of accounts.
Sec. 7-273f. District budget. Audit of accounts. Annually the board of directors
shall hold a public meeting at which itemized estimates of the expenditures of the district
for the ensuing fiscal year shall be presented and at which all persons within the district
shall be heard in regard to any appropriation which they are desirous that the board
should recommend or reject. The board shall, after such public hearing, hold an executive
session at which it shall prepare and cause to be published in a newspaper or newspapers
having a substantial circulation in such district a report in a form prescribed by the
Commissioner of Revenue Services containing: (1) An itemized statement of all actual
receipts from all sources of such district during its last fiscal year; (2) an itemized statement of classification of all actual expenditures during the same year; (3) an itemized
estimate of anticipated revenues during the ensuing fiscal year from each source; (4)
an itemized estimate of expenditures for such ensuing fiscal year; and (5) the amount
of revenue surplus or deficit of the district at the beginning of the fiscal year for which
estimates are being prepared. Not less than two nor more than four weeks after such
publication the board shall, at an executive session, make such specific appropriations
as appear advisable, but no appropriation for any purpose shall be made exceeding the
amount published for that purpose and no appropriation shall be made for any purpose
not published. If it becomes necessary during any fiscal year for the board to appropriate
additional sums, the provisions of this section governing annual appropriations shall
govern so far as they are applicable. The accounts of the district shall be audited in the
manner provided by section 7-392.
(1961, P.A. 507, S. 5; 1972, P.A. 261, S. 5; P.A. 73-2, S. 10, 11; P.A. 77-614, S. 139, 610.)
History: 1972 act permitted assessments against member municipalities and required inclusion of assessments in municipal budgets; P.A. 73-2 deleted provisions concerning assessments against municipalities; P.A. 77-614 substituted commissioner of revenue services for tax commissioner, effective January 1, 1979.