Agoura Hills Municipal Code Ch. 6 Fiscal Administration

Footnotes:

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Cross reference— City manager as finance director, § 2101; expenditures for emergency activities, § 3608; interim school facilities financing, § 6400 et seq.

The fiscal year shall begin on the first day of July of each year and end on the thirtieth day of June of the following year.

(Ord. No. 22, 5-4-83)

Annually the city manager shall obtain from all city departments, boards and commissions, and all county of Los Angeles departments and agencies providing services to the city an estimate of projected revenues and expenditures for the forthcoming year along with any necessary supporting data. The city manager shall then prepare a preliminary budget based upon such projected revenues and expenditures. In preparing the preliminary budget, the city manager shall review all estimates and hold conferences thereon with the respective department heads, boards or commissions as deemed necessary and may revise the estimates as deemed appropriate.

The city manager shall submit the preliminary budget to the finance committee not later than thirty (30) days prior to the new fiscal year and the council not later than the first council meeting of June every year.

(Ord. No. 22, 5-4-83; Ord. No. 09-368, § 7, 8-26-09; Ord. No. 16-421, § 1, 3-23-2016)

The city council shall consider the proposed budget at an open and public regular meeting of the city council.

(Ord. No. 09-368, § 7, 8-26-09)

Editor's note— Ord. No. 09-368, § 7, adopted August 26, 2009, amended § 2602 in its entirety, which previously pertained to same—public hearing, and derived from Ord. No. 22, adopted May 4, 1983.

The city council shall further consider the preliminary budget and may make any revisions thereof it deems appropriate at the public meeting. On or before the end of July, the council shall by resolution adopt the budget with revisions, if any, by the affirmative votes of at least three (3) members of the city council. Upon final adoption, the budget shall be in effect for the ensuing fiscal year. A certified copy of the adopted budget shall be placed on file in the office of the city clerk where it shall be available for inspection during normal working hours. The budget so certified shall be reproduced and copies made available for the use of all departments and offices of the city.

(Ord. No. 22, 5-4-83; Ord. No. 09-368, § 7, 8-26-09; Ord. No. 16-421, § 2, 3-23-2016)

From the effective date of the budget, the several amounts stated therein as proposed expenditures shall be and become appropriated to the several departments, offices and agencies for the respective objects and purposes thereon named. All appropriations not expended or lawfully encumbered by action of the city council shall lapse at the end of the fiscal year.

(Ord. No. 22, 5-4-83; Ord. No. 09-368, § 7, 8-26-09)

At any meeting after the adoption of the budget, the city council may amend or supplement the budget by at least an affirmative majority vote of the members of the city council present at the meeting at which a budget amendment or budget supplement is considered. However, the city manager may authorize the transfer of funds from one (1) object account to another within the same department, office, agency or program activity.

(Ord. No. 22, 5-4-83; Ord. No. 09-368, § 7, 8-26-09; Ord. No. 16-421, § 3, 3-23-2016)

At the beginning of each fiscal year, the city council shall employ a qualified accountant or audit firm, who shall, at such time or times as may be specified by the city council, examine the books, records, inventories and reports of all officers and employees who receive, handle, or disburse public funds and all such other officers, employees, or departments as the city council may direct. As soon as practical after the end of the fiscal year, a final audit report shall be submitted by such accountant or audit firm to the city council. One (1) copy thereof shall be distributed to each council member, to the city manager, and to the city attorney, respectively, and three (3) additional copies shall be placed on file in the office of the city clerk where they shall be available for inspection by the general public.

(Ord. No. 22, 5-4-83; Ord. No. 09-368, § 7, 8-26-09)