The fiscal year of the Municipality shall begin on the first
day of January and end on the last day of December of each year, unless
changed by Council or by law.
At least 45 days prior to the beginning of each fiscal year,
the Manager shall submit to the Council a proposed budget for the
ensuing fiscal year and an accompanying message.
The Manager's message shall explain the budget both in fiscal
terms and in terms of programs. It shall outline the proposed financial
policies of the Municipality for the ensuing fiscal year, describe
the important features of the budget, indicate any major changes from
the current year in financial policies, expenditures and revenues,
together with the reasons for such changes, summarize the Municipality's
debt position, and include such other material as the Manager deems
desirable.
The budget shall provide a complete financial plan of all municipal
funds and activities for the ensuing fiscal year and, except as required
by this Charter, shall be in such form as the Manager deems desirable
or the Council may require. In organizing the budget, the Manager
shall utilize the most feasible combination of expenditure classification
by fund, organization unit, program, purpose or activity, and object.
The budget shall contain, among other things, the following:
A. A general summary of its contents.
B. In detail, all estimated income, indicating the existing and proposed
tax levies, as well as other assessments, fees and charges.
C. All proposed expenditures, including debt service, for the ensuing
fiscal year.
D. The number of proposed employees in every job classification.
E. Comparative figures for actual and estimated income and expenditures
for the current fiscal year and actual income and expenditures of
the preceding fiscal year.
F. Proposed expenditures during the ensuing fiscal year, detailed by
offices, departments and agencies, in terms of their respective work
programs and the methods of financing such expenditures.
G. Proposed capital expenditures during the ensuing fiscal year, detailed
by offices, departments and agencies when practicable, and the proposed
method of financing each such capital expenditure. The total of proposed
expenditures shall not exceed the total of estimated income.
The annual budget message, proposed budget and adopted budget
shall be a public record and shall be available for public inspection
after submission and prior to adoption, and after adoption, during
regular business hours.
The Council may amend the budget by ordinance during the fiscal
year for which the budget was adopted; provided, however, that such
amendment shall not result in expenditures exceeding the estimated
income determined as of the time of the amendment.
The Council shall adopt the budget as presented or amended,
by ordinance on or before the 31st day of the 12th month of the fiscal
year currently ending. If it fails to adopt the budget by this date,
the amounts appropriated for current operation of the current fiscal
year shall be deemed adopted for the ensuing fiscal year on a month-to-month
basis, with all items in it prorated accordingly, until such time
as the Council adopts a budget for the ensuing fiscal year. Adoption
of the budget shall constitute appropriations of the amounts specified
therein as expenditures from the funds indicated and shall constitute
a levy of the property tax therein proposed.
No payment of any funds of the Municipality shall be made unless
provided for in the budget and specifically approved by the Council;
provided, however, that payroll and utility expenditures may be made
at the direction of the Manager where based upon a prior ordinance
or contract. All checks or drafts of the Municipality shall be signed
by the Manager and shall be countersigned by the Mayor. Disbursements
of payroll checks or drafts containing imprinted signatures of the
proper municipal officials or bank officials shall be permitted in
connection with use of data processing equipment when contracted for
with banking institutions; and machine imprinted signatures of the
proper municipal officials may be used for disbursement of municipal
checks or drafts provided such imprinting machines are designed for
operation only by authorized personnel.
It is the intent of this Charter that the Council adopt long
range plans and objectives to provide for the orderly growth of the
Municipality. Plans and objectives shall be prepared for public review
in the form of the Annual Capital Program Report. Such other capital
expenditures for equipment with a useful life of less than two years
shall be part of the operating budget.
A. Submission to Council: The Manager shall prepare and submit to the
Council, a five-year capital program at least three months prior to
the final date for submission of the budget.
B. Contents: The capital program shall include:
(1) A clear general summary of its contents.
(2) A list of all capital improvements which are proposed to be undertaken
during the five fiscal years next ensuing, with appropriate supporting
information as to the necessity for such improvements.
(3) Projects which will result in major additions or changes to the Municipality,
such as recreation and sanitation facilities or roadways, shall be
included in the program.
(4) Such other capital expenditures for equipment with a useful life
of more than two years.
(5) Cost estimates, methods of financing and recommended time schedules
for each such improvement.
(6) The estimated annual cost of operating and maintaining the facilities
to be constructed or acquired.
(7) The estimated annual amortization costs.
C. Publication and Council action on Capital Program:
(1) Publication. The Council shall publish the proposed Capital Program
immediately upon its receipt from the Manager.
(2) Public hearings. The Council shall hold a minimum of one public hearing
on the proposed capital program, at which time residents of the Municipality
may express their views on the proposed capital program. The public
hearing shall be not less than 21 days nor more than 30 days after
the date of publication.
(3) Method of publication and notice of hearings. The Council shall publish
in one or more newspapers of general circulation in the Municipality,
a general summary of the Capital Program, and a notice stating:
(a)
The times and places where copies of a summary of the Capital
Program are available to the public, and
(b)
The times and places where a complete copy of the Capital Program
along with accompanying maps, charts, reports, and other data are
available for inspection by the public, and
(c)
The time and place of the required public hearing on the Capital
Program and such other public hearings as the Council may decide to
hold.
(4) Adoption. The Council, by resolution, shall adopt the Capital Program
with or without amendment, after the public hearing and on or before
the last day of the ninth month of the current fiscal year.
(5) The above information may be revised and extended each year with
regard to capital improvements still pending or in the process of
construction or acquisition. Council shall annually issue a public
report on the status of the Capital Program, to be given prior to
the adoption of the annual budget.