The proposed Annual Operating Budget shall provide a complete financing plan for the next fiscal year for all City funds and activities, including Capital expenditures, and, except as required by law or this Charter, shall be in such form as the City Manager deems desirable or the Council may require. The Proposed Annual Operating Budget shall begin with a clear summary of its contents, shall show in detail all estimated income, indicating the proposed property tax levy and all proposed expenditures, including debts for the next fiscal year, and shall be so arranged as to show comparative figures of estimated income and expenditures for the preceding fiscal year, and shall provide such other information as may be required by the Council.