Maine Statutes

§ 30-A §5821 — Uniform accounting system

Maine·Title 30-A MUNICIPALITIES AND COUNTIES·Part 2 MUNICIPALITIES·Ch. 223 MUNICIPAL FINANCES

Each municipality and each quasi-municipal corporation, including, but not limited to, various types of districts or corporations embracing a portion of a municipality, a single municipality or several municipalities not under the jurisdiction of the Public Utilities Commission, shall:

1.Accounting records. Keep its accounting records in conformity with generally accepted principles of municipal accounting; and
2.Uniform classification. Use a uniform classification for revenue, expenditures and balance sheet accounts.

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Legislative History

PL 1987, c. 737, §§A2,C106 (NEW). PL 1989, c. 6 (AMD). PL 1989, c. 9, §2 (AMD). PL 1989, c. 104, §§C8,10 (AMD).

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