a. Before the beginning of the budget year, the Mayor shall prepare a budget for the ensuing year. When adopted, the Mayor may transfer funds within and between departments as necessary to achieve the goals of the budget. He or she shall inform Council of this action not later than Council’s next meeting.
(S.C. Code § 5-9-40)
b. The annual budget ordinance shall be sufficient to produce revenue necessary to fund the general operations and debt service requirements of the municipality.
c. The budget shall contain a summary of estimates of all capital projects pending which Council believes should be undertaken within the budget year and within the next five succeeding years.
d. The budget shall be in sufficient detail and summarized as to proposed income and expenditures in such a manner as to present to Council and to the taxpayers a simple and clear summary of the budget.
e. Upon final adoption, the budget shall be in effect for the budget year.
f. It shall be the duty of the Clerk/Treasurer to notify the appropriate officials of the county of any change in the tax millage rates, when levied by Council.
(Prior Code, § 8.103)
Cross-reference:
Mobile home taxes, see Article II, this chapter.