[R.O. 1992 § 125.020; 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.
[R.O. 1992 § 125.030; CC 1984 § 22.110]
A. The annual budget shall present a complete financial plan for the
next fiscal year. The following shall be included in the budget:
1.
A budget message to describe the important features of the budget
and to point out any major changes from the previous year.
2.
An estimate of revenues which are expected to be received during
the next year from all sources, plus a comparative statement of the
revenues for the previous two (2) budget years. These comparisons
should be shown by year, fund, and source.
3.
An estimate of the expenditures that are proposed to be spent
during the budget year, plus a comparative statement of actual expenditures
for the previous two (2) years. These comparisons should be shown
by year, fund, activity and object.
4.
The amount of money required to pay any interest, amortization,
or redemption charges which the City will owe during the budget year.
5.
A general summary of the total proposed budget.
[R.O. 1992 § 125.040; CC 1984 § 22.120; Ord. No. 1676-97 § 1, 10-9-1997]
The Budget Officers for the City shall be the Mayor, City Administrator
and City Clerk. It is the responsibility of the Budget Officers to
prepare the budget after reviewing expenditure requests and revenue
estimates with other City Officers. The Budget Officers shall submit
the completed budget and supporting schedules and exhibits to the
Board of Aldermen.
[R.O. 1992 § 125.050; CC 1984 § 22.130]
The Budget Officer shall prepare the City Budget under the direction
of the Mayor. The Mayor shall concur in the budget prior to its submission
to the Board of Aldermen.
[R.O. 1992 § 125.060; 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.
[R.O. 1992 § 125.070; CC 1984 § 22.150]
The City shall not incur any debts which aggregate an amount
greater than the anticipated revenues for the budget year, plus any
unencumbered balance from previous years, without the approval of
the voters of the City, as required by law.
[R.O. 1992 § 125.080; CC 1984 § 22.160; Ord. No. 2536-15 § 1, 3-3-2015]
A. The Budget Officers shall prepare the City Budget in accordance with
the following calendar:
1.
In May of each year the budget officers will request from each
department director a statement of expenditures requested for the
coming fiscal year.
2.
In May of each year the department directors will submit a proposed
five (5) year capital improvement plan to the City Administrator for
review and discussion and then submittal to the Board of Aldermen
for approval.
3.
In June of each year, the budget officers will collect the data
necessary, and make preliminary revenue estimates for the coming fiscal
year. They will estimate expenditures for the present year, and note
expenditures and revenues for the previous two (2) fiscal years and
project estimates for the next two (2) years.
4.
In June of each year the Board of Aldermen and department directors
will meet for a budget work session/retreat.
5.
In June of each year the budget officers will review departmental
requests and make their final revenue estimates for the coming fiscal
year.
6.
In July of each year, after the budget work session/retreat
the department directors will meet with the budget officers to discuss
their requests in detail.
7.
In August of each year, the budget officers will begin to assemble
the City budget and confer with the Mayor and such other officers
as the Mayor may designate, for preparation of the City budget for
the next fiscal year to be submitted to the Board of Aldermen at the
second meeting of August.
8.
At the first meeting in September, the Board will have the first
reading of the Budget.
9.
At the second meeting in September, the Board will have the
second and final reading of the budget.
10.
Budget becomes effective October 1 of each year.
[R.O. 1992 § 125.090; 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 "A Guide to Budgeting for Missouri
Municipalities," published by the Missouri Municipal League.