§ 16-27. Annual operating budget; appropriations.
(a)
For 2014 and all prior fiscal years and for the eight-month period from January 1, 2015 through August 31, 2015, the annual appropriating budget and appropriations shall be as follows:
(1)
On or before October 1 or another date fixed by resolution by the City Council, but no later than 60 days prior to the beginning of each fiscal year, the City Manager or his designee, the Financial Director, shall prepare and submit to the City Council a proposed operating budget for the ensuing fiscal year. The budget shall be accompanied by a message from the City Manager containing a statement of the general fiscal policies of the city, the important features of the budget, explanation of major changes recommended for the next fiscal year, a general summary of the budget and such other comments and information as may be deemed pertinent. The public hearing shall take place on the proposed budget at the regular City Council meeting in November, and the proposed budget shall be adopted at the regular City Council meeting in December, unless another date is fixed by resolution of the City Council.
(2)
The City Council may amend the proposed operating budget, except that the budget as finally amended and adopted must provide for all expenditures required by state law or by the city Charter and for all debt service requirements for the ensuing fiscal year, and the total appropriations from any fund shall not exceed the estimated fund balance, reserves and revenues.
(3)
On or before July 15 of each year there shall be a mid-year budget review by the Mayor and Council. The Mayor and Council may require department heads to appear before them to review their respective budgets. Such review will be utilized to determine what corrective actions need to be taken, if necessary, to exercise proper budgetary control for the remainder of the fiscal year.
(b)
For the fiscal year beginning September 1, 2015, and for all subsequent fiscal years, the, the annual appropriating budget and appropriations shall be as follows:
(1)
On or before June 1 or another date fixed by resolution by the City Council, but no later than 60 days prior to the beginning of each fiscal year, the City Manager or his designee, the Financial Director, shall prepare and submit to the City Council a proposed operating budget for the ensuing fiscal year. The budget shall be accompanied by a message from the City Manager containing a statement of the general fiscal policies of the city, the important features of the budget, explanation of major changes recommended for the next fiscal year, a general summary of the budget and such other comments and information as may be deemed pertinent. The public hearing shall take place on the proposed budget at the regular City Council meeting in November, and the proposed budget shall be adopted at the regular City Council meeting in December, unless another date is fixed by resolution of the City Council.
(2)
The City Council may amend the proposed operating budget, except that the budget as finally amended and adopted must provide for all expenditures required by state law or by the city Charter and for all debt service requirements for the ensuing fiscal year, and the total appropriations from any fund shall not exceed the estimated fund balance, reserves and revenues.
(3)
On or before March 15 of each year there shall be a mid-year budget review by the Mayor and Council. The Mayor and Council may require department heads to appear before them to review their respective budgets. Such review will be utilized to determine what corrective actions need to be taken, if necessary, to exercise proper budgetary control for the remainder of the fiscal year.
(Code 1979, § 3-1-4; Code 1998, § 38-38; Ord. No. 01-98, § I(3-1-4), 1-5-1998; Ord. No. 21-98, 12-7-1998; Ord. No. 02-2014, 5-5-2014)