[Ord. No. 18 §4, 6-1-1995]
The fiscal year for the City shall be coextensive with the calendar
year, and all City budgets, audits and other statutory requirements
shall be prepared in accordance with the calendar year.
[Ord. No. 18 §1, 6-1-1995]
The Board of Aldermen shall appoint a Budget Officer pursuant
to Section 67.020, RSMo., as amended from time to time.
[Ord. No. 18 §2, 6-1-1995]
A. The
Budget Officer shall prepare an annual budget in conformance with
requirements set forth in Sections 67.010 and 67.020, RSMo., as amended
from time to time.
B. The
Budget Officer shall review all the expenditure requests and revenue
estimates, after which he/she shall prepare the proposed budget as
defined herein. All City Officers and employees shall cooperate with
and provide to the Budget Officer such information and such records
as he/she shall require in developing the budget.
C. After
the Budget Officer has prepared the proposed budget, he/she shall
submit it, along with such supporting schedules, exhibits, and other
explanatory material as may be necessary for the proper understanding
of the financial needs and position of the political subdivision,
to the Governing Body. He/she shall submit at the same time complete
drafts of such orders, motions, resolutions, or ordinances as may
be required to authorize the proposed expenditures and produce the
revenues necessary to balance the proposed budget.
[Ord. No. 18 §3, 6-1-1995]
A. The
annual budget shall present a complete financial plan for the ensuing
budget year, and shall include at least the following information:
1. A budget message describing the important features of the budget
and major changes from the preceding year;
2. Estimated revenues to be received from all sources for the budget
year, with a comparative statement of actual or estimated revenues
for the two (2) years next preceding, itemized by year, fund, and
source;
3. Proposed expenditures for each department, office, commission, and
other classification for the budget year, together with a comparative
statement of actual or estimated expenditures for the two (2) years
next preceding, itemized by year, fund, activity, and object;
4. The amount required for the payment of interest, amortization, and
redemption charges on the debt of the political subdivision; and
5. A general budget summary.
B. In
no event shall the total proposed expenditures from any fund exceed
the estimated revenues to be received plus any unencumbered balance
or less any deficit estimated for the beginning of the budget year;
provided, that nothing herein shall be construed as requiring any
political subdivision to use any cash balance as current revenue or
to change from a cash basis of financing its expenditures.
[Ord. No. 18 §5, 6-1-1995]
The Board of Aldermen may revise, alter, increase or decrease
the items contained in the proposed budget, subject to such limitations
as may be provided by law; provided however, that in no event shall
the total authorized expenditures from any fund exceed the estimated
revenues to be received plus any unencumbered balance or less any
deficit estimated for the beginning of the budget year. Except as
otherwise provided by law, the Board of Aldermen shall, before the
beginning of the fiscal year, approve the budget and approve or adopt
such orders, motions, resolutions, or ordinances as may be required
to authorize the budgeted expenditures and produce the revenues estimated
in the budget.