CHAPTER 1
BUDGET AND FISCAL PROCEDURE

Sections:

6-1-101    Uniform Municipal Fiscal Procedures Act.

6-1-102    Budget Officer.

6-1-103    Fiscal Year.

6-1-104    Preparation of Budget.

6-1-105    Public Inspection of Budget.

6-1-106    Notice of Budget Hearing.

6-1-107    Public Hearing.

6-1-108    Adoption of Budget.

6-1-109    Financial Statements.

6-1-110    Annual Report.

6-1-111    Publication of Notice of Annual Statement.

6-1-101 Uniform Municipal Fiscal Procedures Act.

The Utah Uniform Fiscal Procedures Act relating to the fiscal procedures of cities in the State of Utah is hereby adopted by reference. All of the fiscal and budgetary procedures of the City shall be in accordance with said Act.

(Statutory Authority UCA 10-6-101 et seq.; 1968 Code 3-1-1; amended in codification 1979; 1979 Code 6-1-1; amended in codification)

6-1-102 Budget Officer.

The Mayor shall be the budget officer of the City, or he may appoint, with the approval of the City Council, some other person to exercise the function of the budget officer. Preparation of the annual budget for the City shall be under the direction of the budget officer, and all departments of the City shall follow directives issued by him as to the manner of preparing proposed budgets for the respective departments.

(1968 Code 1-9-4; second sentence added in codification 1979; 1979 Code 6-1-2)

6-1-103 Fiscal Year.

The fiscal year of the City shall begin July 1 and end June 30 of each year.

(Statutory Authority UCA 10-6-105; 1968 Code 3-1-2; 1979 Code 6-1-3)

6-1-104 Preparation of Budget.

On or before the first regularly scheduled meeting of the City Council in May of each year, the budget officer shall prepare, for the ensuing budget year, and file with the City Council, a tentative budget for each fund for which a budget is required by law, a tentative cash budget for each utility fund and a tentative cash budget for such other special funds as the City Council may require. The tentative budget shall contain all of the items and estimates required by state law. Each tentative budget submitted by the budget officer to the City Council shall be accompanied by a budget message, which shall be explanatory of the budget, shall contain an outline of the proposed financial policies of the City for the budget year, and shall describe in connection therewith the important features of the budgetary plan. It shall set forth the reasons for major changes from the previous year in appropriation and revenue items and shall explain any major changes in financial policy. The tentative budget shall be reviewed, considered, and tentatively adopted by the City Council at a regular meeting or a special meeting called for that purpose and may be amended or revised in such manner as is deemed advisable, except as otherwise provided by state law.

(Statutory Authority UCA 10-6-111; 1968 Code 3-1-3; amended in codification 1979; 1979 Code 6-1-4; amended in codification)

6-1-105 Public Inspection of Budget.

The tentative budget, as amended by the City Council, and all supporting schedules and data shall be a public record in the office of the City Recorder and shall be available for public inspection for a period of at least ten (10) days prior to the adoption of a final budget.

(Statutory Authority UCA 10-6-112; 1968 Code 3-1-4; 1979 Code 6-1-5)

6-1-106 Notice of Budget Hearing.

At the meeting of the City Council at which the tentative budget is adopted, the City Council shall establish the time and place of a public hearing to consider the adoption of the budget and shall order that notice thereof be published at least seven (7) days prior thereto by publication in at least one (1) issue of a newspaper published in the City.

(Statutory Authority UCA 10-6-113; 1968 Code 3-1-5; 1979 Code 6-1-6; amended in codification)

6-1-107 Public Hearing.

At the time and place so advertised, or at any time and place to which such public hearing may be adjourned, the City Council shall hold a public hearing on the budget as submitted, at which all interested persons shall be given an opportunity to be heard for or against the estimates of revenue and expenditures or any item thereof in any fund.

(Statutory Authority UCA 10-6-114; 1968 Code 3-1-6; 1979 Code 6-1-7)

6-1-108 Adoption of Budget.

After the conclusion of the public hearing, the City Council may continue its review of the tentative budget and may insert such new items or may increase or decrease such items of expenditure as were the proper subject of consideration at said public hearing, except as restricted by law. On or before June 22 of each year, or August 17 in the case of a property tax increase, the City Council shall by resolution adopt a budget for the ensuing fiscal year. A copy of the final budget shall be certified and filed with the State Auditor within thirty (30) days after adoption.

(Statutory Authority UCA 10-6-115, 118; 1968 Code 3-1-7; 1979 Code 6-1-8; amended in codification)

6-1-109 Financial Statements.

The budget officer or other delegated person shall prepare and present to the City Council the following financial statements:

(1)    As of the end of each month, the summary of cash receipts and disbursements by funds or appropriate groups of funds, showing in total, the beginning cash and invested balances, the receipts and disbursements separately for the period, and cash and invested balances in each fund or groups of funds at the end of the period;

(2)    As of the end of such periods as the City Council may direct, but not less often than once each quarter, a statement of revenues and expenditures and comparison with the budget of the general fund;

(3)    A statement of income and expense of each utility fund, reflecting operation to date in the current year and the comparison thereof with operating results for the same period during the preceding year;

(4)    As of the end of such periods as the City Council may require, a condensed statement of receipts and disbursements and a comparison with the cash budget of each utility fund;

(5)    Such statements of operations and other special funds reports on financial condition at such times as the City Council may require.

(1968 Code 1-11-5; 1979 Code 6-1-9; amended by Ordinance No. 16-98)

6-1-110 Annual Report.

(1)    Within 180 days after the close of each fiscal year, the budget officer or other delegated person, shall prepare, in accordance with the system of uniform accounting, statements of revenue and expenditures and comparison with budgets for those funds for which budgets are required, statements of revenues and expenditures or of income and expenses, as the case may be, of all other operating funds, a balance sheet of each fund and a combined balance sheet of all funds as of the close of the fiscal year, together with such other financial and statistical data as the City Council may require; provided, that this requirement may be satisfied by the report of the independent auditor of the results of operation for the year and financial condition at the close of the year, if the same be currently prepared and presented to the City Council. Copies of the annual report shall be filed as a public document in the office of the City Recorder and the office of the State Auditor.

(2)    An independent audit of the city shall be performed each year as required by state law. The City Council shall employ an auditor for that purpose.

(Statutory Authority UCA 10-6-150; 1968 Code 1-11-6; amended in codification 1979; 1979 Code 6-1-10; amended in codification; amended by Ordinance No. 16-98)

6-1-111 Publication of Notice of Annual Statement.

Within ten (10) days following the receipt of the audit report furnished by the independent auditor, the City Recorder shall prepare and publish at least twice in some newspaper having general circulation in the City, a notice to the public that the audit of the city has been completed and a copy thereof may be inspected at the office of the City Recorder.

(Statutory Authority UCA 10-10-75; 1968 Code 1-11-7; amended in codification 1979; 1979 Code 6-1-11; amended in codification)