24.3 - REQUIREMENTS OF LOCAL BUDGET.
24.3 REQUIREMENTS OF LOCAL BUDGET.
No municipality shall certify or levy in any fiscal year any tax
on property subject to taxation unless and until the following
estimates have been made, filed, and considered, as hereinafter
provided:
1. The amount of income thereof for the several funds from
sources other than taxation.
2. The amount proposed to be raised by taxation.
3. The amount proposed to be expended in each and every fund and
for each and every general purpose during the fiscal year next
ensuing, which in the case of municipalities shall be the period of
twelve months beginning on the first day of July of the current
calendar year.
4. A comparison of such amounts so proposed to be expended with
the amounts expended for like purposes for the two preceding years.
Section History: Early Form
[C24, 27, 31, 35, 39, § 370; C46, 50, 54, 58, 62, 66, 71, 73,
75, 77, 79, 81, § 24.3]
Referred to in § 8.6, 24.9, 24.20, 37.9