The amount of the tax to be levied or certified,
the amounts of the various appropriations, and the purposes thereof
shall not be changed after approval of the budget except upon the
recommendation of the Village President and upon a two-thirds vote
of the entire membership of the Village Board. Notice of such transfer
shall be given by publication within eight days thereafter in the
official Village newspaper.
No money shall be drawn from the treasury of the Village, nor shall any obligation for the expenditure of money be incurred, except in pursuance of the annual appropriation in the adopted budget or when changed as authorized by §
20-4 of this chapter. At the close of each fiscal year any unencumbered balance of an appropriation shall revert to the general fund and shall be subject to reappropriation, but appropriations may be made by the Board, to be paid out of the income of the current year, in furtherance of improvements or other objects or works which will not be completed within such year, and any such appropriation shall continue in force until the purpose for which it was made shall have been accomplished or abandoned.
The calendar year shall be the fiscal year.
The Village Board shall designate the public
depository or depositories within this state within which Village
funds shall be deposited, and when the money is deposited in such
depository in the name of the Village, Village officials and bondsmen
shall not be liable for such losses as are defined by state law. The
interest arising therefrom shall be paid into the Village treasury.
Pursuant to state law, designated public depositories shall be required
to pledge United States Treasury notes equal in amount to any uninsured
balance of the Village's deposit.
The Village Clerk-Treasurer may invest any Village
funds not immediately needed pursuant to §§ 66.0603(1m)
and 219.05, Wis. Stats.
The Village Clerk-Treasurer and his designees are authorized to prepare a statement of real property status form to be used to provide information often requested for transfers of real property, such as the amount of outstanding special assessments, deferred assessments, changes in assessments, amount of taxes, outstanding water and sewer bills, current water and sewer bills, contemplated improvements, outstanding citations on Building Code violations and similar information. Any such information sought shall be provided to the person requesting it on said form. Requests for statements of real property status shall be made to the Village Clerk-Treasurer a minimum of one business day in advance. A fee pursuant to Chapter
167, Fees, shall be charged for compiling this information.
Billings by the Village may be paid within 30
days after billing without interest. Thereafter, interest may be charged
at the rate of 1 1/2% per month or any fraction thereof until
the following 15th day of November. Bills not paid on or before the
15th day of November shall have added to the total amount due 1 1/2%
of said charges and shall be entered on the tax roll as a special
charge and become a lien upon real estate. Charges for special refuse
collection services may also be placed on the tax roll as a special
charge pursuant to § 66.0627, Wis. Stats.
A firm of certified public accountants shall
be employed each year by the Village, subject to the confirmation
of the Village Board, to conduct a detailed audit of the Village's
financial transactions and its books and to assist the Clerk-Treasurer
in the management of the Village's financial affairs, including the
Village's public utilities. These auditors shall be employed on a
calendar-year basis. The books audited may, in addition to the Village
financial records of the office of the Clerk-Treasurer, include the
Village Clerk-Treasurer's books, the Village's public utilities, Police
Department records, and any other books of any boards, commissions,
officers or employees of the Village handling Village moneys.
No agent of the Village of Theresa having authority
to employ labor or to purchase materials, supplies or any other commodities
may bind the Village or incur any indebtedness for which the Village
may become liable without approval of the Board. Each such employment
or purchase order shall be drawn against a specific appropriation,
the money for which shall be available in the Village treasury and
not subject to any prior labor claims or material purchase orders
at the time when such employment is negotiated or purchase order drawn.
The Village Clerk-Treasurer shall keep a record of such employment
and purchase orders and shall charge them against the proper appropriation.