CHAPTER 4 Revenue and Finance Search within This This chapter is included in your selections. Article 1 Establishment and Management of FundsSec. 4-1-10 Airline Guaranty Program Fund createdSec. 4-1-20 Capital Improvement Fund createdSec. 4-1-30 Open Space Fund createdSec. 4-1-40 Parking and Transportation Fund createdSec. 4-1-50 Custody and management of fundsSec. 4-1-60 Investment of fundsSec. 4-1-70 DepositsSec. 4-1-80 Payment reportsSec. 4-1-90 Debts to Town Article 2 Sales and Use TaxDivision 1 General ProvisionsSec. 4-2-10 PurposeSec. 4-2-20 DefinitionsDivision 2 Sales TaxSec. 4-2-110 Rate, imposition and collection, distributionSec. 4-2-120 Sales tax scheduleSec. 4-2-130 Transactions, items and services subject to sales taxSec. 4-2-140 Exemptions from sales taxSec. 4-2-150 Exemption; burden of proofSec. 4-2-160 Deductions from gross salesSec. 4-2-170 Credit salesSec. 4-2-180 Acquisition inception or cessation of businessSec. 4-2-190 Retailer responsible for collection and payment of taxSec. 4-2-200 Trust status of tax in possession of retailerSec. 4-2-210 Filing returns; due dateSec. 4-2-220 Reporting periodsSec. 4-2-230 Duty to keep books and recordsSec. 4-2-240 License requiredSec. 4-2-250 License; application and contentSec. 4-2-260 License cancellation or revocationSec. 4-2-270 Authority of Finance DirectorSec. 4-2-280 Audit of recordSec. 4-2-290 Coordinated auditSec. 4-2-300 Tax information confidentialSec. 4-2-310 Overpayment from returnsSec. 4-2-320 Tax overpayment determined through auditSec. 4-2-330 Refunds of disputed taxSec. 4-2-340 Claim for refundSec. 4-2-350 Intercity claims for recoverySec. 4-2-360 Underpayments from returnsSec. 4-2-370 Tax deficiencies from failure to fileSec. 4-2-380 Tax deficiencies determined through auditSec. 4-2-390 PenaltiesSec. 4-2-400 InterestSec. 4-2-410 Notice of assessmentSec. 4-2-420 Protest of notice of assessment or denial of refundSec. 4-2-430 HearingsSec. 4-2-440 AppealsSec. 4-2-450 Lien for tax dueSec. 4-2-460 Performance of lienSec. 4-2-470 Release of lienSec. 4-2-480 Civil action to recover tax dueSec. 4-2-490 Jeopardy assessmentSec. 4-2-500 Distraint and saleSec. 4-2-510 Status of tax due in bankruptcy and receivershipDivision 3 Use TaxSec. 4-2-610 Use tax leviedSec. 4-2-620 Revenue dedicationSec. 4-2-630 ExemptionsSec. 4-2-640 Proration as applied to certain construction equipmentSec. 4-2-650 Payment requirements on building and construction use tax; exemption certificate requiredSec. 4-2-660 Vehicle use taxSec. 4-2-670 Collection; limitation of actionSec. 4-2-680 Refunds; limitations of actionsSec. 4-2-690 Interest in underpayment, nonpayment or extensions of time for payment of taxSec. 4-2-700 Deficiency due to negligenceSec. 4-2-710 Neglect or refusal to make return or paySec. 4-2-720 Penalty interest upon unpaid use taxSec. 4-2-730 Rate of interestSec. 4-2-740 Other remediesSec. 4-2-750 Final decision of TownSec. 4-2-760 Collection; map of municipal boundariesSec. 4-2-770 Dispute resolution and appealDivision 4 Violations and LimitationsSec. 4-2-810 Violations; summons and complaints; penaltySec. 4-2-820 Statute of limitations Article 3 Real Estate Transfer TaxSec. 4-3-10 DefinitionsSec. 4-3-20 Tax imposedSec. 4-3-30 Revenue dedicationSec. 4-3-40 Liability for paymentSec. 4-3-50 AmountSec. 4-3-60 Exemption; groundsSec. 4-3-70 Application for exemptionSec. 4-3-80 Property outside TownSec. 4-3-90 Enforcement by Town ManagerSec. 4-3-100 Annual report to Town CouncilSec. 4-3-110 Report of transferSec. 4-3-120 Collection by closing agentsSec. 4-3-130 Collection by CountySec. 4-3-140 Delinquency; interestSec. 4-3-150 Lien statusSec. 4-3-160 Notice of delinquencySec. 4-3-170 Collection actionSec. 4-3-180 Recording without paymentSec. 4-3-190 Evasion by artifice or deviceSec. 4-3-200 Remedies cumulative Article 4 Excise TaxSec. 4-4-10 PurposeSec. 4-4-20 DefinitionsSec. 4-4-30 Excise tax imposedSec. 4-4-40 Excise tax license required; suspension or revocationSec. 4-4-50 Collection and remittance of tax; vendor collection fee; delinquency interest and penaltySec. 4-4-60 Exemption from excise taxSec. 4-4-70 Review of return; underpayment and overpayment of tax; noticesSec. 4-4-80 Disputed tax payment; refundSec. 4-4-90 Records and audits; investigationsSec. 4-4-100 Failure to collect tax or file return; recovery of tax deficienciesSec. 4-4-110 Tax lienSec. 4-4-120 Appeals to Town ManagerSec. 4-4-130 Administration of tax collections; authority of Finance DirectorSec. 4-4-140 Tax information confidentialSec. 4-4-150 LimitationsSec. 4-4-160 Revenue dedication; Airline Guaranty Program FundSec. 4-4-170 Sunset and repealerSec. 4-4-180 Violations; penalty Article 5 Property TaxSec. 4-5-10 Revenue dedicationSec. 4-5-20 Museum tax revenue dedication Article 6 Procurement CodeDivision 1 General ProvisionsSec. 4-6-10 PurposeSec. 4-6-20 Procurement contrary to ArticleSec. 4-6-30 Requirement of good faithSec. 4-6-40 Application of provisionsSec. 4-6-50 DefinitionsSec. 4-6-60 Public access to procurement informationSec. 4-6-70 SpecificationsDivision 2 Procurement Organization and AuthoritySec. 4-6-110 Authority and duties of Town ManagerSec. 4-6-120 Duties of department heads and Procurement OfficerSec. 4-6-130 Authority of Town AttorneySec. 4-6-140 ApprovalsSec. 4-6-150 Formal contract procedureSec. 4-6-160 Business license requiredDivision 3 Source Selection and Contract FormationSec. 4-6-210 Methods of source selectionSec. 4-6-220 Competitive sealed biddingSec. 4-6-230 Competitive sealed proposalsSec. 4-6-240 Small purchasesSec. 4-6-250 Miscellaneous exemptionsSec. 4-6-260 Emergency procurementSec. 4-6-270 State, federal or CML bidSec. 4-6-280 Cancellation of invitations for bids or requests for proposalsSec. 4-6-290 Responsibility of bidders and offerorsSec. 4-6-300 Prequalifications of suppliersSec. 4-6-310 Bid securitySec. 4-6-320 Contract performance and payment bondsSec. 4-6-330 Bond form and copiesSec. 4-6-340 Type of contractsSec. 4-6-350 Multi-term contractsSec. 4-6-360 Contract clausesSec. 4-6-370 Contract modifications and change orders; fiscal responsibilitySec. 4-6-380 Right to inspect plantSec. 4-6-390 Right to audit recordsSec. 4-6-400 Finality of determinationsSec. 4-6-410 Reporting of anti-competitive practicesSec. 4-6-420 Retention of procurement recordsDivision 4 Methods of DisposalSec. 4-6-510 ReportingSec. 4-6-520 MethodsSec. 4-6-530 Hazardous materialsSec. 4-6-540 Sales to employeesSec. 4-6-550 Grant-funded equipmentDivision 5 Legal and Contractual RemediesSec. 4-6-610 Authority to resolve protested solicitations and awardsSec. 4-6-620 Authority to debar or suspend Article 7 Telephone Utilities TaxSec. 4-7-10 LeviedSec. 4-7-20 Computation; paymentSec. 4-7-30 Inspection of recordsSec. 4-7-40 Local purposeSec. 4-7-50 Other business taxes supersededSec. 4-7-60 Failure to paySec. 4-7-70 Failure to file statement Article 8 Unclaimed PropertySec. 4-8-10 PurposeSec. 4-8-20 DefinitionsSec. 4-8-30 Procedure for disposition of propertySec. 4-8-40 Public sale of abandoned propertySec. 4-8-50 Disposition of revenues