There is a newer version of the Michigan Compiled Laws
2010 Michigan Compiled Laws
Chapters 81 - 113 - FOURTH CLASS CITIES
Act 215 of 1895 - THE FOURTH CLASS CITY ACT (81.1 - 113.20)
215-1895-XXX - CHAPTER XXX FINANCE AND TAXATION. (110.1...110.29)
THE FOURTH CLASS CITY ACT (EXCERPT)Act 215 of 1895 Chapter XXX
FINANCE AND TAXATION.
- Section 110.1 - Fiscal year.
- Section 110.2 - Council's power of taxation; collection; installments.
- Section 110.3 - Tax revenues; division into funds.
- Section 110.4 - Tax money; special funds.
- Section 110.5 - Taxes for general fund; limitation on council.
- Section 110.6 - Tax raised in street district; purposes, limitation.
- Section 110.7 - Special assessments; purposes; local improvements, street and drain construction.
- Section 110.8 - Private sewer tax.
- Section 110.9 - Annual tax levy; purpose; credit for surplus moneys.
- Section 110.10 - Expense estimates of council; time, contents.
- Section 110.11 - Expense estimate of council; deficiencies; installment levies.
- Section 110.12 - Annual appropriation bill; purpose; contents.
- Section 110.13 - Taxes certified to board of supervisors and ward supervisors; manner.
- Section 110.14 - Annual appropriation bill; raising of moneys after passage prohibited.
- Section 110.15 - Improvements prohibited unless appropriation made; expenditures only from appropriations.
- Section 110.16 - Improvements financed by special assessments.
- Section 110.17 - Improvement before tax levy prohibited.
- Section 110.18 - Taxes and loans for capital improvements; bonds; limitation.
- Section 110.19 - Loan in anticipation of receipts from special assessments; purpose; limitation; bonds.
- Section 110.20 - 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 - Bonds; approval of electors required; exceptions.
- Section 110.22 - Accounting rules; moneys received.
- Section 110.23 - Moneys; procedure for disbursement.
- Section 110.24 - Moneys; drawing upon exhausted funds; warrants on such funds declared void.
- Section 110.25 - Loans; limitation; bonds.
- Section 110.26 - Annual accounts audit by council; statement, contents.
- Section 110.27 - Statement of receipts; filing, publication.
- Section 110.28 - Misappropriation of moneys; penalty.
- Section 110.29 - Repealed. 1974, Act 345, Imd. Eff. Dec. 21, 1974.
Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.