Modifies fiscal year for urban public library districts and budget approval process.
The bill changes the fiscal year for urban public library districts to July 1 to June 30, unless otherwise set by the board of trustees. It mandates that the librarian submit a budget to the board each year, which the board must approve. The treasurer is responsible for receiving and managing all district funds, with specific funds designated for operations, building purposes, and state aid or federal grants. The treasurer must provide a monthly accounting to the board and ensure that payments are made only with proper authorization and certification.
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