Maine Revised Statutes
Subpart 9: FISCAL MATTERS
Chapter 223: MUNICIPAL FINANCES

Subchapter 1: GENERAL PROVISIONS

30-A §5651. Determination of municipal year; change - §5651. Determination of municipal year; change The municipal officers shall...

30-A §5652. Donation of money - §5652. Donation of money The municipal officers may accept a...

30-A §5653. Gifts of money or property in trust - §5653. Gifts of money or property in trust This section...

30-A §5654. Conditional gifts - §5654. Conditional gifts This section governs a municipality's receipt of...

30-A §5655. Unconditional gifts - §5655. Unconditional gifts A gift without conditions, of any type...

30-A §5656. Procurement of recycled goods - §5656. Procurement of recycled goods 1. Review of standards. Each...

Subchapter 2: STATE FUNDS

30-A §5681. State-municipal revenue sharing - §5681. State-municipal revenue sharing 1. Findings and purpose. The Legislature...

30-A §5682. State funds (REPEALED) - §5682. State funds (REPEALED) SECTION HISTORY PL 1989, c. 104,...

30-A §5683. Property tax relief - §5683. Property tax relief 1. Scope. This section establishes a...

30-A §5684. Funding for mandated programs (REPEALED) - §5684. Funding for mandated programs (REPEALED) SECTION HISTORY PL 1989,...

30-A §5685. Funding for required activities - §5685. Funding for required activities 1. Definitions. As used in...

Subchapter 3: MUNICIPAL DEBT

30-A §5701. Debt liability - §5701. Debt liability The personal property of the residents and...

30-A §5702. Limitation - §5702. Limitation No municipality may incur debt which would cause...

30-A §5703. Exclusion - §5703. Exclusion 1. Limitations on municipal debt. The limitations on...

30-A §5704. Reporting by special districts - §5704. Reporting by special districts Each special district in the...

30-A §5705. Refinancing of the United States Farmers Home Administration loans - §5705. Refinancing of the United States Farmers Home Administration loans...

Subchapter 3-A: MUNICIPAL INVESTMENTS

Article 1: GENERAL INVESTMENTS

30-A §5706. Deposit or investment of funds - §5706. Deposit or investment of funds As directed by the...

Article 2: INVESTMENTS IN SECURITIES

30-A §5711. Investments in general - §5711. Investments in general Municipalities may hereafter invest their funds...

30-A §5712. Government unit bonds - §5712. Government unit bonds Municipalities may invest in: [PL 1987,...

30-A §5713. Corporate securities - §5713. Corporate securities Municipalities may invest in: [PL 1987, c....

30-A §5714. Financial institution stock and other obligations - §5714. Financial institution stock and other obligations 1. Municipalities may...

30-A §5715. Other stock investments - §5715. Other stock investments Municipalities may invest in: [PL 1987,...

30-A §5716. Other prudent securities - §5716. Other prudent securities Municipalities may invest in such securities...

30-A §5717. Retention of unauthorized securities - §5717. Retention of unauthorized securities Municipalities may acquire and hold...

30-A §5718. Standard of prudence - §5718. Standard of prudence All investments made under this subchapter...

30-A §5719. Limitations on investments - §5719. Limitations on investments A municipality's authority to invest municipal...

Subchapter 4: EXPENDITURES

30-A §5721. General authority - §5721. General authority A municipality may raise or appropriate money...

30-A §5721-A. Limitation on municipal property tax levy - §5721-A. Limitation on municipal property tax levy 1. Definitions. As...

30-A §5722. Operating expenses - §5722. Operating expenses A municipality may raise or appropriate money...

30-A §5723. Public works - §5723. Public works A municipality may raise or appropriate money...

30-A §5724. Schools and libraries - §5724. Schools and libraries A municipality may raise or appropriate...

30-A §5725. Health and welfare - §5725. Health and welfare A municipality may raise or appropriate...

30-A §5726. Development - §5726. Development A municipality may raise or appropriate money to:...

30-A §5727. Celebrations and commemorations - §5727. Celebrations and commemorations A municipality may raise or appropriate...

30-A §5728. General duties and operations - §5728. General duties and operations A municipality may raise or...

30-A §5729. Federal and state grants - §5729. Federal and state grants A municipality's acceptance of grants...

30-A §5730. Historic and scenic preservation - §5730. Historic and scenic preservation Pursuant to the Constitution of...

Subchapter 5: TAX BASE SHARING

30-A §5751. Purpose - §5751. Purpose It is the purpose of this subchapter to...

30-A §5752. Tax base sharing agreement - §5752. Tax base sharing agreement 1. Agreement. Any 2 or...

30-A §5753. Filing of agreement - §5753. Filing of agreement Before becoming effective, any agreement made...

Subchapter 6: BORROWING

30-A §5771. Revenue anticipation notes; fiscal year - §5771. Revenue anticipation notes; fiscal year A municipality by vote...

30-A §5772. General obligation securities - §5772. General obligation securities A municipality may issue general obligation...

30-A §5773. Borrowing in anticipation of federal or state aid - §5773. Borrowing in anticipation of federal or state aid 1....

Subchapter 7: RESERVE FUND

30-A §5801. Establishment - §5801. Establishment A municipality may establish a reserve fund, consisting...

30-A §5802. Trustees - §5802. Trustees The municipal officers are trustees of the municipal...

Subchapter 8: ACCOUNTS AND AUDITS

30-A §5821. Uniform accounting system - §5821. Uniform accounting system Each municipality and each quasi-municipal corporation,...

30-A §5822. Investigation of accounting and auditing system - §5822. Investigation of accounting and auditing system The State Auditor...

30-A §5823. Annual postaudit - §5823. Annual postaudit Each municipality and quasi-municipal corporation shall have...

30-A §5824. Witnesses and records - §5824. Witnesses and records The State Auditor may subpoena witnesses...

30-A §5825. State Auditor's report on financial matters (REPEALED) - §5825. State Auditor's report on financial matters (REPEALED) SECTION HISTORY...

30-A §5826. Penalties - §5826. Penalties A public official who neglects or refuses to...