Section 7.01. Fiscal Year.
Section 7.02. Preparation and Submission of Budget.
Section 7.03. Budget a Public Record.
A.
The fiscal year of the City shall begin on the first (1st) day of
July and end on the last day (30th) of June of the next succeeding
calendar year. Such fiscal year shall also constitute the budget and
accounting year. As used in this Charter, the term budget year shall
mean the fiscal year for which any particular budget is adopted and
in which it is administered.
B.
The Finance Director shall function as the city treasurer unless
another person us designated by the Governing Body.
The City Manager in consultation with the Finance Director shall
prepare a recommended budget at least forty (40) days prior to the
beginning of each budget year, in accordance with rules and regulations
established by the New Mexico Department of Finance and as such rules
may be amended from time to time, and shall submit the budget to the
Governing Body with an explanatory budget message.
A.
The budget, budget message and all supporting schedules shall be
public records in the office of the City Clerk open to public inspection.
Upon final adoption, the budget shall be in effect for the budget
year. A copy of the budget, as finally adopted, shall be certified
by the City Clerk. Sufficient copies of the certified budget shall
be made available in the Finance office and City Clerk office for
the use of all city offices, departments, or agencies, and for the
use interested persons and civic organizations. Once approved by the
Governing Body and the Department of Finance, the budget shall be
posted on the city website.
