[HISTORY: Adopted by the Town Council of the Town of North Branford 1-2-1981
as Ord. No. 138. Amendments noted where applicable.]
B.Â
It is not the intent of this chapter to set a mill rate,
restrict the lowering of taxes or interfere with the present budgetary process
or the annual budget meeting.
C.Â
The North Branford Town Council, acting under authority
duly granted, hereby adopts and enacts this chapter as a fiscal management
regulation of the Town of North Branford, Connecticut.
[1]
Editor's Note: This ordinance was passed by the electors 12-2-1980
at a mandatory referendum. A March 1, 1991, decision rendered by the Town
Attorney found this ordinance to be invalid. A copy of said opinion is on
file in the Town Clerk's office.
This chapter shall apply to the annual budget, as presented to the townspeople
for adoption, and any other appropriation or expenditure in any fiscal year.
Any increase in spending in the annual budget shall be limited to the
following:
A.Â
Notwithstanding the above limitations on spending, the
Town Council may increase the annual budget by debt service to provide for
the following:
(1)Â
Court judgments or settlement of legal actions against
the town and the costs incurred thereby.
(2)Â
New or additional state-mandated expenditures.
(3)Â
Expenditures occasioned by natural disaster, civil disorder
or other emergencies when, by vote of the Town Council, it is determined that
the expenditure is necessary to alleviate a serious condition endangering
public health or safety.
(4)Â
Nonrecurring capital expenditures and the purchase of
fire-fighting vehicles.
B.Â
Bonding for operating expenses or recurring capital expenditures
shall not be considered as an exception hereunder.
In the event of a decrease in a state or federal assistance revenue
account, the limit on total budget expenditures shall be reduced by the amount
of the decrease in such account, unless revenue has been received in the account
during the three (3) preceding years, in which case the Town Council may appropriate
the amount they deem necessary, but not exceeding the amount of the previous
year.
In the event of an increase in the taxable grand list due to revaluation,
the actual amount of increase in budget expenditures shall be limited to the
dollar amount of increase in the previous year's budget or less.