§ C-32. Fiscal year; financial statement.

Latest version.

The fiscal year of the Town of Cheverly shall be from July 1 to June 30 of each year; and it shall be the duty of the Mayor and Town Council to have prepared within ninety (90) days after the expiration of each fiscal year a detailed statement of the financial condition, including all receipts and expenditures made for any purpose during the fiscal year just completed and a detailed statement on the status of all outstanding debts of the town, funded or unfunded, or bonded, and this detailed statement of the financial condition of the town shall be published at the first opportunity after the expiration of the ninety (90) days referred to above, in a newspaper published in Prince George's County with general circulation in the town.

(Amended by Ord. No. 8-76)

                    
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