§ 38-128. PREPARATION OF BUDGET.

   (A)   Prior to June 1 each year, the Board shall prepare a budget for finances for the ensuing fiscal year. The budget shall include the following:

      (1)   Estimated revenues, divided as follows:

         (a)   Federal and state grants;

         (b)   Sales tax revenues;

         (c)   Miscellaneous revenues;

         (d)   Fund from the city;

         (e)   Contributions from third parties or other entities; and

         (f)   Carryover of any funds from the prior fiscal year.

      (2)   Estimated expenditures, divided as follows:

         (a)   Personal services;

         (b)   Services other than personal;

         (c)   Supplies and materials;

         (d)   Equipment;

         (e)   Real estate and improvement; and

         (f)   Miscellaneous expenditures.

   (B)   Such budget shall be submitted not later than June 1 to the City Council for action of approval or disapproval. The Board shall not approve any claims or incur any obligations for expenditure unless there is unencumbered cash in the Commission Fund to the credit of the Board with which to pay the same.

(Ord. 2022-003, passed 6-21-2022)