Mich. Comp. Laws § 42.28
This is the official text of Mich. Comp. Laws § 42.28, part of Michigan’s Comp. Laws — part of the compiled statutory law of Michigan, published by the state as "Comp. Laws." Browse the sections below, each linked to its official government source.
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Budget or supplemental appropriations; expenditure, restrictions; unencumbered balances, transfer, reappropriation.
Official statutory text
Sec. 28.
No money shall be drawn from the treasury of the township nor shall any obligation for the expenditure of money be incurred, except pursuant to the budget appropriation, or pursuant to any supplemental appropriation which may be made from surplus received. The township board may transfer any unencumbered appropriation balance, or any portion thereof, from 1 fund or agency to another. The balance in any appropriation, which has not been encumbered, at the end of the fiscal year shall revert to the general fund and be reappropriated during the next fiscal year.
History: 1947, Act 359, Eff. Oct. 11, 1947; CL 1948, 42.28; Am. 1967, Act 34, Imd. Eff. June 6, 1967
No money shall be drawn from the treasury of the township nor shall any obligation for the expenditure of money be incurred, except pursuant to the budget appropriation, or pursuant to any supplemental appropriation which may be made from surplus received. The township board may transfer any unencumbered appropriation balance, or any portion thereof, from 1 fund or agency to another. The balance in any appropriation, which has not been encumbered, at the end of the fiscal year shall revert to the general fund and be reappropriated during the next fiscal year.
History: 1947, Act 359, Eff. Oct. 11, 1947; CL 1948, 42.28; Am. 1967, Act 34, Imd. Eff. June 6, 1967
Status: in_force · Read it on the official government site
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