7-6-4255. Use of emergency warrants. (1) All emergency expenditures must be made by the issuance of emergency warrants drawn against the fund or funds properly chargeable with the expenditures. The city treasurer is authorized and directed to pay the emergency warrants with any money in the fund or funds available for that purpose. If at any time there is insufficient money available in the fund or funds to pay the warrants, then the warrants must be registered, must bear interest, and must be called for payment in the manner provided by law for other city warrants.
     (2) The clerk shall include in the annual tabulation to be submitted to the council the total amount of emergency warrants issued during the preceding fiscal year. Subject to the provisions of subsection (3), the council shall, in the tax levies, include a levy for each fund sufficient to raise an amount equal to the total amount of any emergency warrants remaining unpaid at the close of the preceding fiscal year because of insufficient money in the fund to pay the warrants.
     (3) (a) A levy may not be made for any fund in excess of the levy authorized by law to be made for the fund.
     (b) The council may submit the question of funding the emergency warrants at an election as provided by law. If possible, the election must be held in conjunction with a regular or primary election. If at the election the issuing of funding bonds is authorized, it is not necessary for any levy to be made for the purpose of paying the emergency warrants.

     History: En. Sec. 8, Ch. 121, L. 1931; re-en. Sec. 5083.8, R.C.M. 1935; amd. Sec. 2, Ch. 53, L. 1943; R.C.M. 1947, 11-1409(5), (6); amd. Sec. 28, Ch. 387, L. 1995.