A. 
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.
B. 
The annual budget shall present a complete financial plan for the ensuing fiscal 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 City; and
5. 
A general budget summary.
C. 
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 the City to use any cash balance as current revenue or to change from a cash basis of financing its expenditures.
A. 
The budget shall be prepared under the direction of a Budget Officer. Except as otherwise provided by law or ordinance, the Budget Officer shall be designated by the Board of Aldermen of the City. All 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. The Budget Officer shall review all the expenditure requests and revenue estimates, after which he/she shall prepare the proposed budget as defined herein.
B. 
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 City, to the Board of Aldermen. 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.
C. 
The Board of Aldermen may designate a Finance Committee to assist in the preparation and submission of an advisory budget of the income and expenditures planned and anticipated in the forthcoming year, prior to the June meeting of the Board of Aldermen. For this purpose, the City Auditor may be called upon to assist the Committee. The Budget Officer, along with said Committee, if one is designated, shall deliver the advisory budget to the Board of Aldermen before the regular Board meeting in July of each year. The budget shall be approved by the Board of Aldermen in accordance with State laws.
A. 
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, or charter, or in Subsection (B) of this Section, provided 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.
B. 
Any taxpayer of the City may initiate an action for injunctive relief, which the court shall grant, if the Board of Aldermen decreases the budget for its Law Enforcement Agency, except for those created under Section 162.215, RSMo., by an amount exceeding more than twelve percent (12%) relative to the proposed budgets of other departments of the City over a five-year aggregate amount.
After the City has approved the budget for any year and has approved or adopted the orders, motions, resolutions or ordinances required to authorize the expenditures proposed in the budget, the City shall not increase the total amount authorized for expenditure from any fund, unless the Board of Aldermen adopts a resolution setting forth the facts and reasons making the increase necessary and approves or adopts an order, motion, resolution or ordinance to authorize the expenditures.