The Town Board of the Town of Fulton has the
specific authority, powers and duties pursuant to §§ 60.10,
60.20, 60.22, 60.23, 60.40, 60.41, 60.42, 60.44, 60.45, 60.46, 60.47,
65.90, 66.0601, 66.0603, 66.0703 and 74.12 and Chs. 67 and 70, Wis.
Stats., to manage, supervise and direct the fiscal operations of the
Town of Fulton and to develop, maintain and implement a fiscal management
system for the Town of Fulton.
The fiscal year for the Town of Fulton is the
calendar year.
The Town Board of the Town of Fulton shall not
authorize money to be drawn from the treasury of the Town of Fulton
nor shall the Town Board of the Town of Fulton incur any obligation
for the Town of Fulton for the expenditure of money except as these
expenditures or obligations are made pursuant to the annual final
budget appropriations or are made pursuant to any revised annual budget
appropriations. Any unencumbered budget balance of the authorized
appropriations shall revert to the general fund and shall be subject
to reappropriation by the Town Board of the Town of Fulton. No order
for payment may be issued in excess of funds available or appropriated
for the purpose for which the order is drawn unless authorized by
a two-thirds roll call vote of the Town Board of the Town of Fulton.
The Town Board of the Town of Fulton annually
shall prepare a written annual statement of the financial condition
of the Town of Fulton. This statement shall be prepared and submitted
by the Town Board of the Town of Fulton at the Annual Town Meeting.
In addition, the Town Clerk/Treasurer of the Town of Fulton shall
maintain a finance book which shall contain a complete record of the
finances of the Town of Fulton. This book shall show the receipts,
with the date, amount and source of each receipt, to disbursement,
with the date, amount and object of the disbursement. The annual financial
statement shall include previous years' revenues and expenditures
and the current indebtedness of the Town of Fulton.
No Town of Fulton officer or employee shall
violate § 946.13, Wis. Stats. Pursuant to § 946.13,
Wis. Stats., no Town of Fulton officer or employee shall negotiate
a public contract, bid a public contract or enter into any contract
or participate in the making of a public contract in which he or she
has a private pecuniary interest, direct or indirect, which involves
receipts and disbursements by the Town of Fulton aggregating more
than $15,000 in any year.
As used in this chapter, the following terms
shall have the meaning indicated:
CLOSED MEETING
A meeting of Town officials where the general public is,
pursuant to Ch. 19, Wis. Stats., lawfully excluded from attendance
at the meeting.
CLOSED SESSION
A lawful meeting of Town officials which, upon proper motion
duly made and carried, is legally convened closed to the general public
under one or more of the exemptions provided in § 19.85,
Wis. Stats.
POST (NOTICE)
The placement or posting of a written municipal document
in the Town of Fulton to provide to the residents in the Town of Fulton
written notice of a public event, matter or meeting.
PUBLIC CONTRACT
A contract for the construction, execution, repair, remodeling
or improvement of any public work or building or for the furnishing
of materials or supplies. If the Town of Fulton so designates, by
resolution, "public contract" may also include a contract for equipment
or services.
PUBLIC DEPOSITORY
A federal or state credit union, federal or state savings
and loan association, state bank, savings and trust company, mutual
savings bank, or national bank in this state which receives or holds
any public deposits or the local government pooled investment fund.
QUORUM
A majority of the number of members of a public body fixed
by law or ordinance.