Section 130-RICR-00-00-1.3 - Notification of an Emergency SituationA. The municipal entity shall notify the Auditor General if it experiences or anticipates an emergency situation or situations.B. The notification shall be given at least sixty (60) days prior to the date for approval of the budget, or upon occurrence if less than sixty (60) days.C. The notification shall be in writing and signed by the chief executive officer of the municipal entity.D. The notification shall identify each emergency situation.E. The notification shall be suitably documented (including forms required by the Office of the Auditor General):1. The documentation shall include, at a minimum, the facts considered by the municipal entity; the amount of the general fund budget; the amount of the maximum property tax levy allowed under R.I. Gen. Laws § 44-5-2, as amended (i.e., prior year levy plus the statutory limit); the dollar impact on the general fund budget of each emergency situation; availability of other revenue sources; and the amount by which the maximum levy would be exceeded.2. The municipal entity shall also identify any levy in excess of the statutory limit resulting from conditions allowed under R.I. Gen. Laws § 44-5-2 and which have been certified by the Department of Revenue. Such conditions include a loss of non-property tax revenue, an increase in debt service expenditures, or a substantial growth in the tax base.130 R.I. Code R. 130-RICR-00-00-1.3
Amended effective 12/9/2018