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52

ARTICLE XI. - FINANCIAL PROVISIONS

Part of the Code of Ordinances of Jamestown, RI.

Local law · Updated April 21, 2025 · 1,225 sections

The text

Sec. 1101. - Proposed budget.#

The town administrator shall submit to the town council, not later than 90 days preceding the date of the financial town meeting, a proposed budget of receipts and expenditures and an explanatory budget message. For such purpose, the town administrator shall obtain from the head of each office, department and agency estimates of its revenues and expenditures and such supporting data as the town administrator may request. In preparing the proposed budget, the town administrator shall review the estimates and may revise them. The proposed budget as prepared by the town administrator shall show the original departmental budgets as submitted by the department heads together with revisions made by the town administrator of all anticipated revenue and all proposed expenditures and the total of proposed expenditures shall not be greater than the total of anticipated revenues.

(Amend. of 11-3-1992, § V; Amend. of 11-5-2002, § XI)

Sec. 1102. - Recommended budget.#

The town council may revise the budget as submitted by the town administrator and shall adopt a recommended budget for presentation to the financial town meeting not later than 30 days preceding its date. If the town council shall recommend an increase in the total of expenditures as proposed by the town administrator, it also shall provide for increasing the total anticipated revenues and shall indicate the revenues and expenditures. No revenue from any source other than the tax levy shall be included in the budget as recommended by the town council unless the facts clearly warrant the expectation that such amount actually will be realized in cash during the budget year.

(Amend. of 11-5-2002, § XI)

Sec. 1103. - Capital budget program.#

The town administrator shall prepare and submit to the town council a six year capital program at least 90 days prior to the final date for submission of the budget. The capital program shall include: (1)

A clear general summary of its contents;

(2)

A list of all capital improvements which are proposed to be undertaken during the six fiscal years next ensuing, with appropriate supporting information as to the necessity for such improvements;

(3)

Cost estimates, method of financing and recommended time schedules for each such improvement;

(4)

The estimated annual cost of operating and maintaining the facilities to be constructed or acquired; and

(5)

Such other building and equipment maintenance replacement schedules as directed by the town council.

(Amend. of 11-5-2002, § XI; Amend. of 11-3-2009, prop. 10)

Sec. 1104. - Public notice.#

The recommended budget (section 1102) and capital budget as provided in section 1103 shall be printed and available to the public at least 14 days preceding the annual financial town meeting.

(Amend. of 11-3-1992, § VI; Amend. of 11-5-2002, § XI; Amend. of 11-5-2024)

Sec. 1105. - Annual audit.#

Within three months after the beginning of each fiscal year, the town council shall arrange for an annual independent audit of the books, accounts and other evidences of financial transactions of the Town of Jamestown, as of the close of the preceding fiscal year, to be conducted either by state auditors or by a certified public accountant holding a certificate from this state and having no personal interest therein. Such examinations shall conform with generally accepted auditing standards. A copy of the audit report shall be filed with the town clerk and shall be a public record.

(Amend. of 11-5-2002, § XI)

State Law reference— Audit of accounts, G.L. 1956, § 46-10-1 et seq.

Sec. 1106. - Proposal for expenditures outside of budget.#

No motion which increases or reduces an appropriation recommended by the town council by $10,000.00 or more, shall be in order at the financial town meeting unless notice of intention to include such motion has been presented to the town clerk at least 20 days prior to the date set for the meeting at which such motion is to be considered. The warrant of the financial town meeting shall include notice of any such motion.

(Amend. of 11-5-2002, § XI)