J. MILLARD TAWES, Governor                     1795

8-7. Same—Purpose of emergency fund; use of same generally.

The emergency fund of ten thousand dollars or so much thereof as
may be levied will, it is expected, seldom be needed or used, but is
provided as a safeguard or protection in event an emergency should
arise. It shall be used for emergency purposes only and shall be
dedicated and appropriated to meet any unexpected demand which
arises after the tax levy has been made, the occurrence of which
could not reasonably have been foreseen, which is of an unusual,
urgent and extraordinary nature and which clearly and imperatively
necessitates the expenditure of money from this fund, all of the
requisites being necessary to constitute an emergency purpose. The
emergency fund or any part thereof shall not be used for any purpose
whatsoever, except the temporary use hereinafter set forth in this
section and the use thereof as a part of the surplus to be carried
over to the ensuing fiscal year as provided by section 8-19.

The board of county commissioners temporarily may use, during
the months of [January and February] July and August, the emer-
gency fund for the purpose of meeting any demand on account of any
estimate for which there may be no money at the time it is needed
for the purpose of the estimate. When the revenue for the estimate
is received, it shall be credited to the emergency fund, such credit to
be made not later than [May] November first of the same fiscal year
in which such temporary use is made of such fund.

At the close of each fiscal year, the county commissioners shall
prepare a balanced, itemized statement of the emergency fund for
such fiscal year showing first, the amount of the fund levied, sec-
ondly the expenditures therefrom in full detail with clear and com-
plete explanation of the emergency requiring such expenditures and
third, the unexpended balance on hand at the end of such fiscal year,
to which statement the county commissioners shall sign their signa-
tures to be attested by their clerk. They shall further make affidavit
that such statement is a true and accurate account as therein set
forth, and they shall publish such statement, thus prepared, signed,
attested and sworn to, at least three times during the month of
[January] July, following the close of such fiscal year, in one daily
newspaper published in the county.

8-8. Due date of county taxes; interest on same.

All county taxes shall be due [as soon as they are levied] July 1.
If not paid on or before the [thirtieth day of September] first day
of October of the year in which they are levied, they shall bear inter-
est from the first day of October until paid, at the rate of [six per
cent per annum] ˝ of 1% per month. At any time after the first
day of January next succeeding the date of the levy and not before,
payment may be enforced by sale as provided by law.

8-9. Taxes may be paid in installments.

Taxes may be paid in two equal installments, but interest shall be
paid from the first day of October for all taxes not paid on or before
[the thirtieth day of September] October 1. The county treasurer
shall make bills for taxes in such form as to permit the payment of
taxes in two installments, but nothing in this section shall prevent
the payment of all taxes at one time.