The Fiscal year of the Town shall begin on July 1 and end on
June 30.
The Town Council, acting pursuant to a declaration of a state
of emergency, shall be empowered to make appropriations for the purposes
of meeting a public emergency threatening the lives, health, or property
of citizens, provided such appropriations shall receive a majority
vote of all members of the Council. Said emergency appropriations,
in the event that there is no cash surplus available, shall be financed
in the manner provided in Chapter 109 of the General Statutes.