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The annual budget proposal shall detail the raising of revenue from all sources, including grants and transfers, and the expenditure of money for specified programs, functions, activities, or objectives of the city, including available fund balance carry-forward, shall equal or exceed the total of proposed expenditures. The form of the annual budget proposal shall be consistent in form, to the extent practical, with the accounting system of the city.
(Ord. No. 06-18, § 1, 5-1-18)
The annual budget proposal shall provide a complete program and financial plan for all funds for the budget year. It shall contain:
(A) A budget message, as specified in KRS 91A.030(7).
(B) A budget summary, as specified in § 24.303, supported by:
(1) An estimate of fund balance carry-forward, as specified in § 24.304;
(2) The amount of fund balance carry-forward not available for budgetary purpose due to fund balance reserve policies, as specified in § 24.305;
(3) An estimate of all anticipated revenues of the city compared to the previous years, as specified in § 24.306;
(4) Proposed expenditures compared to previous years, as specified in § 24.307; and
(5) An estimate of anticipated transfers, as specified in § 24.308.
(Ord. No. 06-18, § 1, 5-1-18)
At the head of the annual budget proposal there shall appear a summary of the budget, which need not be itemized further than by function of the city, in such manner as to present a simple and clear summary of the detailed estimates of the budget components. These functions shall constitute a group of related activities aimed at accomplishing a major service or regulatory program for which the government is responsible (for instance, public works, parks and recreation, police).
(Ord. No. 06-18, § 1, 5-1-18)
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