Sec. 1.
(1) Actions taken by the council under this chapter are subject to the voting requirements of section 5 of chapter V. However, the council shall not increase a tax or impose a special assessment except by an affirmative vote of 2/3 of the members of council.
(2) The council may raise, by general tax upon the real and personal property liable to taxation in the village (exclusive of taxes for highway and street purposes and not otherwise provided for in this act), a sum not exceeding in any 1 year 1-1/4% of the assessed value of that property, to defray the general expenses and liabilities of the village, and to carry into effect the powers in this act granted. The money so raised constitutes a "general fund".
History: 1895, Act 3, Imd. Eff. Feb. 19, 1895 ;-- CL 1897, 2852 ;-- CL 1915, 2726 ;-- CL 1929, 1635 ;-- CL 1948, 69.1 ;-- Am. 1998, Act 254, Imd. Eff. July 13, 1998
Structure Michigan Compiled Laws
Act 3 of 1895 - The General Law Village Act (61.1 - 75.12)
3-1895-IX - Chapter IX Finance and Taxation. (69.1... 69.27)
Section 69.1 - Authority of Council to Levy Taxes; General Fund.
Section 69.2 - Authority of Council to Levy Taxes; General Highway Fund.
Section 69.3 - Repealed. 1958, Act 116, Eff. Sept. 13, 1958.
Section 69.4 - Authority of Council to Levy Taxes; Cemeteries; Tax Limit.
Section 69.7 - Auditing and Settling Accounts; Statement.
Section 69.7a - Commencement of Fiscal Year.
Section 69.8 - Village Taxes; Annual Assessment Roll; Contents; Certification of Determination.
Section 69.9 - Assessment Roll; Review by Township Board of Review.
Section 69.10, 69.11 - Repealed. 1967, Act 84, Eff. Nov. 2, 1967.
Section 69.12 - Annual Assessment Roll; Certification of Board of Review.
Section 69.13 - Assessment Roll; Council's Certificate to Treasurer; Contents.
Section 69.14 - Assessment Roll; Tax Apportionment by Assessor.
Section 69.16 - Taxes; Treasurer to Collect; Fees.
Section 69.17 - Taxes; Collection by Seizure of Personal Property.
Section 69.19 - Tax Sales; Proceeds, Deposit With County Treasurer.
Section 69.20 - Tax on Personal Property; Collection Suit.
Section 69.21 - Borrowing in Anticipation of Revenue Sharing or Taxes.
Section 69.22a - Repealed. 1998, Act 254, Imd. Eff. July 13, 1998.
Section 69.24 - Disbursements; Procedures.
Section 69.25 - Loans; Issuance and Execution of Bonds; Validation of Prior Bonds or Indebtedness.
Section 69.26, 69.27 - Repealed. 1974, Act 4, Imd. Eff. Jan. 30, 1974.