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BUDGET
§ 32.01 PREPARATION OF BUDGET ESTIMATES.
   Before the publication of notice of budget estimates required by IC 6-1.1-17-3, the town shall formulate a budget estimate for the ensuing budget year in the following manner, unless it provides by ordinance for a different manner:
   (A)   Each department head shall prepare for his department an estimate of the amount of money required for the ensuing budget year, stating in detail each category and item of expenditure he anticipates.
   (B)   The Clerk-Treasurer shall prepare an itemized estimate of revenues available for the ensuing budget year, and shall prepare an itemized estimate of expenditures for other purposes above the money proposed to be used by the departments.
   (C)   The Town Manager shall meet with the department heads and the Clerk-Treasurer to review and revise their various estimates.
   (D)   After the Town Manager’s review and revision, the Clerk- Treasurer shall prepare for the President of the Town Council a report of the estimated department budgets, miscellaneous expenses, and revenues necessary or available to finance the estimates.
(IC 36-5-3-3) (Ord. 404, passed 4-17-85)
§ 32.02 TAX RATE; ANNUAL APPROPRIATIONS.
   The Clerk-Treasurer shall present the report of budget estimates to the Town Council under IC 6-1.1-17-1 through 6-1.1-17-19. After reviewing the report, the Town Council shall prepare an ordinance fixing the rate of taxation for the ensuing budget year and an ordinance making appropriations for the estimated department budgets and other town purposes during the ensuing budget year. The Town Council, in the appropriation ordinance, may change any estimated item from the figure submitted in the report of the Clerk-Treasurer. The Town Council shall promptly act on the appropriation ordinance.
(IC 36-5-3-4)
§ 32.03 REVISING APPROPRIATIONS.
   After the passage of the appropriation ordinance, the Town Council may make further or additional appropriations by ordinance, unless their result is to increase the tax levy set under IC 6-1.1-17-1 through 6-1.1-17-19. The Town Council may, by ordinance, decrease any appropriation set by ordinance.
(IC 36-5-3-5)
FINANCIAL ADMINISTRATION
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