The fiscal year of the city government shall begin on the first
day of October and shall end on the last day of September of each
calendar year. Such fiscal year shall also constitute the budget and
accounting year.
(Ordinance 22-934 adopted 5/26/22)
The city manager, at least sixty (60) days prior to the beginning
of each budget year, shall submit to the council a proposed budget.
The budget shall provide a complete financial plan for the fiscal
year. It shall contain an itemization of proposed expenditures and
estimated revenues of the city, together with the appropriation ordinance
and the tax levy ordinance.
(Ordinance 22-934 adopted 5/26/22)
The budget and budget message and all supporting schedules shall
be a public record in the office of the city, open to public inspection.
(Ordinance 22-934 adopted 5/26/22)
The council shall hold a public hearing on the budget as submitted,
at which all interested persons shall be given an opportunity to be
heard, for or against the estimates or any item thereof.
(Ordinance 22-934 adopted 5/26/22)
The budget shall be adopted by the favorable votes of at least
a majority of all members of the whole council.
(Ordinance 22-934 adopted 5/26/22)
Upon final adoption, the budget shall be in effect for the fiscal
year. A copy of the budget, as finally adopted, shall be filed with
the city secretary and certified by the city secretary as being a
correct copy thereof.
(Ordinance 22-934 adopted 5/26/22)
From the effective date of the budget, the several amounts stated
therein as proposed expenditures shall be and become appropriated
to the several objects and purposes therein named, and the amount
stated therein as the amount to be raised by property tax shall constitute
a determination of the amount of the levy for the purposes of the
city, in the corresponding tax year.
(Ordinance 22-934 adopted 5/26/22)