MCL - 215-1895-XXX

THE FOURTH CLASS CITY ACT (EXCERPT)
Act 215 of 1895
Chapter XXX
FINANCE AND TAXATION.
Document Type Description
Section 110.1 Section Fiscal year.
Section 110.2 Section Council's power of taxation; collection; installments.
Section 110.3 Section Tax revenues; division into funds.
Section 110.4 Section Tax money; special funds.
Section 110.5 Section Taxes for general fund; limitation on council.
Section 110.6 Section Tax raised in street district; purposes, limitation.
Section 110.7 Section Special assessments; purposes; local improvements, street and drain construction.
Section 110.8 Section Private sewer tax.
Section 110.9 Section Annual tax levy; purpose; credit for surplus moneys.
Section 110.10 Section Expense estimates of council; time, contents.
Section 110.11 Section Expense estimate of council; deficiencies; installment levies.
Section 110.12 Section Annual appropriation bill; purpose; contents.
Section 110.13 Section Taxes certified to board of supervisors and ward supervisors; manner.
Section 110.14 Section Annual appropriation bill; raising of moneys after passage prohibited.
Section 110.15 Section Improvements prohibited unless appropriation made; expenditures only from appropriations.
Section 110.16 Section Improvements financed by special assessments.
Section 110.17 Section Improvement before tax levy prohibited.
Section 110.18 Section Taxes and loans for capital improvements; bonds; limitation.
Section 110.19 Section Loan in anticipation of receipts from special assessments; purpose; limitation; bonds.
Section 110.20 Section Tax or loan to raise greater amount; vote of electors; maximum amount; limitation on amount of indebtedness; fire, flood, or other calamity requiring emergency fund; exclusions from computation of net indebtedness; deducting resources of sinking fund; validation of bonds or contract or assessment obligations; calculating assessed value equivalent.
Section 110.21 Section Bonds; approval of electors required; exceptions.
Section 110.22 Section Accounting rules; moneys received.
Section 110.23 Section Moneys; procedure for disbursement.
Section 110.24 Section Moneys; drawing upon exhausted funds; warrants on such funds declared void.
Section 110.25 Section Loans; limitation; bonds.
Section 110.26 Section Annual accounts audit by council; statement, contents.
Section 110.27 Section Statement of receipts; filing, publication.
Section 110.28 Section Misappropriation of moneys; penalty.
Section 110.29 Section Repealed. 1974, Act 345, Imd. Eff. Dec. 21, 1974.