[HISTORY: Adopted by the Township Board of the Township of Putnam 2-21-1979 by Ord. No. 15 (Ch. 1 of the 2004 Township Code). Amendments noted where applicable.]
This chapter was adopted in order to establish the fiscal year of the Township of Putnam, County of Livingston, State of Michigan, pursuant to Michigan Public Act 596 of 1978.
[1]
Editor's Note: Amended at time of adoption of Code (see Ch. 1, General Provisions, Art. I).
Commencing in 1979, the fiscal year of the Township of Putnam shall extend from July 1 of each year until June 30 of the following year. Any preexisting Township budget lawfully adopted by the Township Board shall be proportionately extended to coincide with the foregoing new fiscal year periods.[1]
[1]
Editor's Note: Former Sec. 3, Settlement day, and Sec. 4, Electors' Meeting, which immediately followed this section, were deleted at time of adoption of Code (see Ch. 1, General Provisions, Art. I).