§ 6.03. Budget

(1) City manager's proposed budget. No later than the first regular city council meeting in August, the city manager shall present a proposed budget to the city council for all operations of city government for the next fiscal year. In addition to any other(s) the city council may request, the proposed budget shall contain the following components:

(a) The city manager's budget message explaining the important features, financial issues, policies and proposed policy changes, and objectives of the proposed budget;

(b) A budget summary presenting an overview of sources and amounts of anticipated revenues and expenditures; and

(c) A detailed budget presenting the specifics of all anticipated revenues and expenditures.

(2) City council's proposed budget. After considering and revising the city manager's budget as it deems necessary, the city council shall adopt a proposed budget and determine tax requirements under that budget.

(3) Public hearing. The city council shall hold a public hearing on its proposed budget at the first regular city council meeting in September, or at such other time as the city council may approve. Notice of the hearing shall be provided as required by law. All members of the public shall have the opportunity to be heard on the budget at the public hearing. After the public hearing, the city council may amend any part of its proposed budget except for expenditures required by law or debt service.

(4) City council's approved budget. No later than September 30, the city council shall adopt an ordinance approving a final balanced budget with the same components as the city manager's budget. The city clerk shall then certify the taxes levied under the budget and make copies of the budget available to all interested persons.

(5) Prohibition. Funds shall not be transferred from one department to another or allocated for items not included in the approved budget without prior approval of the city council.

(Ord. No. 1019, § 1, 11-3-09)