[CC 1984 §22.010]
The fiscal year of this City shall begin on January first (1st),
and end on December thirty-first (31st) of the next succeeding year.
[CC 1984 §22.100]
Prior to the commencement of each fiscal year, a budget for
the City shall be prepared, and the same will be presented to and
approved by the Board of Aldermen.
[CC 1984 §22.120]
The Budget Officer for this City shall be the Mayor, or such
other person as the Mayor may designate. It is the responsibility
of the Budget Officer to prepare the budget after reviewing expenditure
requests and revenue estimates with other City Officers. The Budget
Officer shall submit the completed budget and supporting schedules
and exhibits to the Committee on Ways and Means/Purchasing/Pay and
the Board of Aldermen.
[CC 1984 §22.130]
The Board of Aldermen shall by ordinance adopt the City budget.
[CC 1984 §22.140]
Expenditure estimates in the budget shall not be larger in amount
than the total anticipated revenue for the budget year, plus any surplus
from the previous year or less any deficit from the previous year.
[CC 1984 §22.150]
The City shall not incur any debts which aggregate an amount
greater than the anticipated revenues for the budget year, without
the approval of the voters of the City, as required by law.
[CC 1984 §22.170]
To the maximum extent practicable, and to the extent it does
not conflict with State law, this Code, or other ordinance, the budget
shall be prepared in accordance with generally accepted accounting
principles.