Title 3 - Revenue and Finance
Chapters:
3.04 Funds
3.08 Levy of Taxes
3.10 Establishment of Special Improvement
Revolving Fund
Chapter 3.04 Funds
Sections:
3.04.010 Distribution of revenue received by
taxes.
3.04.020 Designation of purpose.
3.04.030 Transfer of moneys.
3.04.040 General fund—Source.
3.04.070 Water and Sewer funds—Source.
3.04.080 Interest and sinking fund—Source.
3.04.010 Distribution
of revenue received by taxes All moneys now on hand or which shall
hereafter be received by the City of Dillon, from taxes levied for general
municipal and administrative purposes, from licenses of each and every name,
description and kind, granted by said city, and the amounts of all fines and
penalties received for the violation of ordinances and all moneys now on hand
not otherwise appropriated, and all moneys not designated by law for any other
fund, shall hereafter be set aside for the current expenses of the city, and
all moneys now on hand or which shall hereafter be received by the city shall be
set aside and placed in the prospective funds hereinafter created in this
chapter. (Prior code §94)
3.04.020 Designation
of purpose Any moneys received
from any source, which are to be applied for or toward any special purpose, not
otherwise provided for in this chapter, shall be designated by the name of the
purpose for which the same is received.
(Prior code §100)
3.04.030 Transfer of
moneys The city council may,
by resolution, from time to time, transfer from one fund to another all moneys
in the city treasury received from licenses, fines and penalties, but moneys
collected as taxes levied for specific purposes shall not be diverted from the
purpose for which the same were levied.
(Prior code §101)
3.04.040 General
fund—Source The general fund of
the city shall consist of all moneys received from any source for any purpose,
and not otherwise appropriated. (Prior
code §99)
3.04.070 Water and
Sewer funds—Source The water and sewer
funds of the city shall consist of all moneys received from or through the
waterworks department and/or the sewer department. (Prior code §97)
3.04.080 Interest and
sinking fund—Source The interest and
sinking fund of the city shall consist of all moneys received from taxes levied
for the current fiscal year to pay the interest upon the legal, valid
outstanding bonded indebtedness of said city, and any sinking funds therein
provided for, and all moneys received from any source for such purposes. (Prior code §98)
Chapter 3.08 Levy of Taxes
Sections:
3.08.010 Assessment of levy by resolution.
3.08.030 Certification of levy to county clerk.
3.08.010 Assessment of
levy by resolution The city council
must, on or before the second Monday in August of each year, by resolution,
fix, determine and levy the amount of city taxes for all purposes, to be levied
and assessed on the taxable property in the city for the current year. (Prior code §90)
3.08.030 Certification
of levy to county clerk The
city clerk shall at once certify to the city treasurer and also to the county
clerk of
Chapter 3.10 Establishment Of Special Improvement Revolving
District
Chapters:
3.10.010 Revolving fund established.
3.10.020 Pledge - sources - covenants of
revolving fund.
3.10.010 Revolving fund established There is hereby established and created
pursuant to Section 7-12-4221, MCA, a “Special Improvement District Revolving
Fund” within and for the City of Dillon, Beaverhead County, Montana, in order
to secure the prompt payment of special improvement district bonds which may,
from time to time, be issued by the City pursuant to Title 7, Chapter 12, Parts
41 and 42 Montana Code Annotated, as amended.
3.10.020 Pledge -
sources - covenants of revolving fund The determination to pledge the Revolving
Fund, the sources of money for the Revolving Fund, the covenants to utilize the
Revolving Fund, and the utilization of money in the Revolving Fund shall be as
provided in Title 7, Chapter 12, Parts 41 and 42 Montana Code Annotated, as
amended.