ARTICLE VII. FINANCE
(a) The Mayor shall have the direct control of the revenues of the City except as otherwise provided by this Charter or by ordinances. (1909; 1977; 2010)
(b) The Council shall by ordinance provide a system for the collection, custody, and disbursement of all public monies not inconsistent with the provisions of this Charter. (1909; 1977)
(a) The Council shall, upon receipt of the budget,9 adopt the budget with or without amendment. In amending the budget, the Council may add or increase programs or amounts and may delete or decrease any programs or amounts, except amounts required by law or for debt service on general obligation bonds or for estimated cash deficit; provided, however, that no amendment to the budget shall increase the authorized expenditures to an amount greater than the total of estimated income. (1909; 1977)
(b) In adopting the budget the Council shall also estimate and declare the amount of money necessary to be raised by tax levy. The estimate shall take into account the amounts available from other sources to meet the expenses of the City for the ensuing fiscal year. The budget and estimate as finally adopted shall be signed by the Mayor and City Clerk and filed with the Controller. (1909; 1977) (Ed. note: Formerly Section 41.)
(c) The budget shall include all stipends and other expenses of City Council and the salary of the Mayor and the budget shall declare the amount of money necessary to fund the budget. Subject to any pre-existing bond covenants, the City Council's budget shall be apportioned among the City's general fund, its Utilities funds and its health system fund as a reflection of City Council's direct responsibilities for all municipal and Utilities matters as well as City Council's general supervision and control of health system matters based upon such reasonable allocation methodology as City Council may determine. (2005; 2010)
Loading...