Fiscal year in towns and cities.

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The electors in a financial town meeting of any town qualified to vote on any proposition to impose a tax or for the expenditure of money, or the city council of any city, not having a fiscal year beginning July 1, may vote at any financial town or city council meeting, provided, that the fiscal year in the town or city in which a vote is passed shall thereafter begin with July 1 of each calendar year and end with June 30 of the following calendar year.

History of Section.
P.L. 1961, ch. 34, § 1.


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