The Council may at any time, by a 2/3 vote of the entire membership,
transfer any portion of an unencumbered balance of an appropriation
to any other purpose or object. Notice of such transfer shall be given
by publication within 10 days thereafter in the official newspaper
of the City.
No money shall be drawn from the treasury of the City, 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 §
58-4 of this article. 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 Common Council, 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 Common Council shall designate the public depository or
depositories within this state within which City funds shall be deposited,
and when the money is deposited in such depository in the name of
the City, the City Clerk-Treasurer and bondsman shall not be liable
for such losses as are defined by state law. The Clerk-Treasurer shall
invest, and the interest arising therefrom shall be paid into the
City treasury.
The City Clerk-Treasurer may invest any City funds not immediately
needed, pursuant to §§ 66.0603(1m) and 219.05, Wis.
Stats.
In lieu of the personal signatures of the Mayor and Clerk-Treasurer,
there may be affixed on order checks the facsimile signatures of such
persons adopted by them and approved by the Common Council, but the
use of the facsimile signature shall not relieve such official from
any liability to which he or she is otherwise subject, including the
unauthorized use thereof.
The City Clerk-Treasurer and his or her deputies 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, floodplain
status, violations of the building and health codes and similar information.
Any such information sought shall be provided to the person requesting
it on said form. A minimum of 48 hours is required for preparation
of a statement of real property status. There shall be a fee for compiling
such information, plus an additional fee for facsimile transmissions,
as set by resolution of the Common Council.
Billings by the City 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.
A firm of certified public accountants shall be employed each
year by the City, subject to the confirmation of the Common Council
to conduct a detailed audit of the City's financial transactions
and its books and to assist the City Clerk-Treasurer in the management
of the City's financial affairs, including the City's public
utilities. These auditors shall be employed on a calendar-year basis.
The books audited may, in addition to the City financial records of
the office of the City Clerk-Treasurer, include the City Clerk-Treasurer's
books, the City's public utilities, Police Department records,
and any other books of any boards, commissions, officers or employees
of the City handling City moneys.
No agent of the City of Brodhead having authority to employ
labor or to purchase materials, supplies or any other commodities
may bind the City or incur any indebtedness for which the City may
become liable without approval of the Council. Each such employment
or purchase order shall be drawn against a specific appropriation,
the money for which shall be available in the City 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
City Clerk-Treasurer shall keep a record of such employment and purchase
orders and shall charge them against the proper appropriation.