Chapter 4.10
BUDGET—FORM AND SCOPE
Sections:
4.10.020 Anticipated revenues—Designated.
4.10.030 Anticipated revenues—Compared with other years.
4.10.040 Proposed expenditures—Itemization—Requirements.
4.10.050 Proposed expenditures—Compared with other years.
4.10.010 Scope.
A. The budget shall be a complete financial plan for all operations of the municipality, showing dollar reserves, anticipated revenues and proposed expenditures.
B. The budget shall include a comparative statement of actual expenditures and actual revenues for the preceding fiscal year and the budgeted current fiscal year.
C. Proposed expenditures shall not exceed total anticipated revenues and reserves. (Ord. 77-8 § 2 (part), 1977; Ord. 86-10 § 1, 1986.)
4.10.020 Anticipated revenues—Designated.
Anticipated revenues shall be composed of taxes, licenses and permits, intergovernmental revenue, charges for services, fines and forfeits, miscellaneous revenue, and cash reserves. (Ord. 86-10 § 1, 1986.)
4.10.030 Anticipated revenues—Compared with other years.
In the anticipated column opposite the items of anticipated revenues there shall be placed the amount of each such item actually received in the preceding fiscal year. (Ord. 86-10 § 1, 1986.)
4.10.040 Proposed expenditures—Itemization—Requirements.
Proposed expenditures shall be itemized. Separate provision shall be included in the budget for at least the following:
A. Interest, amortization of principal and redemption charges on the public debt for which the faith and credit of the municipality is pledged;
B. Administration, operation and maintenance of each office, department or agency of the municipality;
C. Council’s budgetary reserve;
D. Expenditures proposed for construction projects including provisions for down payments on capital projects;
E. Any and all proposed fund allocations which are deemed to require formal budgeting. (Ord. 86-10 § 1, 1986.)
4.10.050 Proposed expenditures—Compared with other years.
In a parallel column, opposite the several items of proposed expenditures, there shall be placed the amount of each such item actually spent in the preceding fiscal year and the budget for the current fiscal year. (Ord. 86-10 § 1, 1986.)
4.10.060 Summary.
At the head of the budget there shall appear a summary of the budget, which need not be itemized. Principal sources of anticipated revenues, and kinds of expenditures by department, shall be stated in such a manner as to present to the taxpayers a simple and clear summary of the detailed estimates of the budget. (Ord. 86-10 § 1, 1986.)