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HB 1124 revise certain provisions related to township...

State of South Dakota  
SEVENTY-SIXTH SESSION
LEGISLATIVE ASSEMBLY,  2001
 

444E0262  
HOUSE BILL   NO.     1124  

        Introduced by: Representatives Fryslie, Bartling, Flowers, Hanson (Gary), Jaspers, Lange, and Pitts and Senators Albers, Diedtrich (Elmer), and Symens  


         FOR AN ACT ENTITLED, An Act to  revise certain provisions related to township financial reports.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
     Section  1.  That § 8-10-30 be amended to read as follows:
     8-10-30.   Within five days preceding the annual township meeting, the township treasurer shall complete a written financial statement. The financial statement shall include a report of all the money received and paid out by the treasurer from all sources. The financial statement shall include from whom and on what account such money was received, with the amount and date received, and to whom and for what purpose any money has been paid, with the amount and date of each payment. The statement shall also state the amount of money remaining with the treasurer. The statement shall be filed by the treasurer with the township clerk. The clerk shall preserve the financial statement and the receipt of the statement in the book of records. The treasurer shall file a duplicate of the statement with the county auditor within ten days following the annual meeting. The township treasurer, within five days before the annual township meeting, shall prepare a report of the cash balance at the start of the fiscal year, receipts and

disbursements for the fiscal year, and the cash balance and long-term debt as of the end of the fiscal year. The report shall be in the form prescribed by the auditor general. A copy of the report shall be filed with the township clerk and with the county auditor by the last day of March. Upon receiving a copy of the township annual report from the township treasurer, the county auditor shall forward a copy to the Department of Legislative Audit within thirty days.