Oroville Municipal Code Art. XXIV The Charter

[Amended by vote of the people, November 5, 2024]

Sec. 1. Fiscal year.

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

[Amended by vote of the people, April 12, 1983]

Sec. 2. Tax system.

The City Council shall provide a system for the assessment, levy, and collection of City taxes upon real and personal property. By mutual agreement, the County of Butte shall perform those municipal functions which relate to the assessment of property for purposes of taxation, the equalization and collection of taxes levied for municipal purposes, the collection of assessments, and the sale of property for non-payment of taxes or assessments.

It shall be the duty of the Director of Finance, within the time prescribed by law, to compute the tax rates required to service outstanding municipal debt and submit same to the City Council. Should the City Council fail to fix the tax rates within the time prescribed, then the tax rates of the previous year shall constitute the rates for the current year.

[Amended by vote of the people, April 12, 1983]

Sec. 3. Annual budget.

In the month of June of each year, the City administrator shall present to the Council a proposed budget for the ensuing fiscal year. Such budget shall constitute the Preliminary Budget of the City of Oroville, and a copy of same shall be on file in the office of the City Clerk. Not less than five days after the preliminary budget is filed, the City Clerk shall fix a time for a budget public hearing.

Final adoption of the budget shall be not later than the second regular City Council meeting in June. Tax rates for purposes of the service of out- standing municipal debt shall be fixed not earlier than the first meeting in July, nor later than the last day of August.

[Amended by vote of the people, April 12, 1983; and November 4, 2024]

Sec. 4. Annual financial report.

It shall be the duty of the Director of Finance to prepare annually a consolidated financial report of the City, including such statements and schedules as may be necessary to adequately describe the financial condition of the City, and the results of its operations for the fiscal year. Insofar as practical, these statements shall be prepared in accordance with generally accepted accounting principles as applied to municipal corporations, and shall be subject to audit, as described in Article XIV above.

[Amended by vote of the people, April 12, 1983]

Sec. 5. through 14

Note: Repealed by vote of the people, April 12, 1983.