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<br />/~ <br /> <br />ADMINISTRATION <br /> <br />~ 2-38 <br /> <br />Sec. 2-36. Contents; balancing. <br /> <br />,~ <br /> <br />The budget shall contain a complete, itemized and classified plan of all proposed expendi- <br />tures and all estimated revenues and borrowings for the ensuing budget year. Opposite each <br />item of the proposed expenditures, the budget shall show, in separate parallel columns, the <br />amount expended during the preceding budget year, the amount appropriated for the current <br />budget year, the estimated expenditure for the current budget year, the manager's recommen- <br />dation for the ensuing budget year, the increase or decrease in the manager's recommendation <br />as compared with the appropriation for the current year and such other information as the city <br />manager shall require. In no event shall the expenditures recommended by the city manager <br />in the general fund budgets exceed the receipts estimated, taking into account the estimated <br />cash surplus or deficit at the end of the current fiscal year, unless the city manager shall <br />recommend an increase in the rate of ad valorem taxes on real estate and tangible personal <br />property or other new or increased taxes or licenses within the power of the city to levy and <br />collect in the ensuing fiscal year, the receipts from which, estimated on the basis of the average <br />experience with the same or similar taxes during the three (3) tax years last past, will make <br />up the difference. If estimated receipts exceed estimated expenditures, the city manager may <br />recommend revisions in the tax and license ordinances of the city in order to bring the general <br />fund budgets into balance. <br />(Code 1971, ~ 6-13) <br /> <br />Sec. 2-37. Submission of budgets, budget message, etc., to council. <br /> <br />On or before April 30 in each year, the city manager shall submit to the council: <br /> <br />(1) . Current expense budgets for the general operation of the city government, the public <br />schools and for each of the city's utilities; <br /> <br />(2) A budget message; <br /> <br />(3) A capital budget; and <br /> <br />(4) A schedule of permanent improvements planned in support of the capital budget. <br />(Code 1971, ~ 6-14; Ord. No. 2001-2, 2-13-2001) <br /> <br />Sec. 2-38. Contents of budget message; tentative approval of budget. <br /> <br />~ <br />/ " <br /> <br />The budget message shall be explanatory of the budget, outlining the proposed financial <br />policies of the city for the ensuing fiscal year. The message shall be accompanied by a schedule <br />of permanent improvements planned in support of the capital outlay budget, and by such other <br />supporting schedules, exhibits and explanatory material, in respect to both current operations <br />and capital improvements, as may be deemed advisable. Upon receipt by the city council of the <br />manager's budget and accompanying material, the council shall act upon the budget, <br />tentatively approving it as proposed or with such changes as council may deem desirable. <br />(Code 1971, ~ 6-15) <br /> <br />Supp. No. 50 <br /> <br />155 <br />