A. The council shall consider and adopt by resolution a preliminary budget for the ensuing fiscal year during the month immediately preceding commencement of that fiscal year and shall adopt by resolution a final budget for that fiscal year at or before its first regular meeting held in such fiscal year.
B. Notwithstanding subsection A, the council may, in its sole discretion, elect to adopt a biennial budget for the next two (2) succeeding fiscal years in lieu of annual budgets for such fiscal years. Such election shall be made by resolution of the council adopted before the first day of January preceding commencement of the first fiscal year to be addressed by a biennial budget. Thereafter, the council shall consider and adopt by resolution a preliminary biennial budget during the month immediately preceding commencement of the first fiscal year of the biennial period to be addressed by such budget, and adopt by resolution a final biennial budget at or before its first regular meeting held in the first fiscal year of the biennial period addressed by such budget.
The council shall continue to consider and adopt biennial budgets unless and until the council, by resolution adopted before the first day of January preceding a fiscal year, elects to return to the preparation and adoption of an annual budget, commencing with the next fiscal year.
C. When adopting a final annual or biennial budget, the council may establish any tax rates or assessments as to taxes or assessments authorized by law to be included on the County of Butte property tax roll and collected simultaneously with property taxes.
(Res. No. 81 68-69, Measure D, Passed 4-8-69; Assembly Concurrent Res. No. 163, 1969, Ratified 4-8-69; Measure K, Passed 11-2-04, Filed in Office of Secretary of State 12-9-04)