§ 7.02. Budget procedure.

The City manager shall prepare and shall recommend a budget for the ensuing fiscal year to the council on or before the first regular meeting in June. The budget document shall present a comprehensive financial plan for the ensuing fiscal year, including at least the following information:

• A. Statements of the bonded and other indebtedness of the City, including the debt redemption and interest requirements, the debt authorized and unissued, and the condition of sinking funds.

• B. Estimates of all proposed expenditures for each department and office of the City, showing in addition the expenditures for the last preceding fiscal year, appropriations and anticipated expenditures for the current fiscal year, and reasons for recommended departures from the current expenditure pattern.

• C. Detailed estimates of all anticipated revenue sources of the City, with a comparative statement of the amounts received by the City from each of such sources for the last preceding fiscal year and the amounts expected to be received for the current fiscal year.

• D. A statement of the estimated balance or deficit, as of the end of the current fiscal year, for all funds.

• E. Such other supporting schedules as the council may request or are otherwise required by law.

(Res. No. 60-3, § 1; amended by General Municipal Election on November 7, 2000; Amended by General Municipal Election on November 2, 2010)