Anticipated revenues shall include revenue from all sources, including grants and loans, and shal be classified in accordance with the systems recommended in the Kentucky Municipal Accounting Manual. A separate provision shall be included in the budget for at least:
(A) Interest, amortization, and redemption charges on bonds outstanding;
(B) Other statutory expenditures;
(C) Any cash deficit of the current year (cash deficits are prohibited by Section 157 of the Kentucky Constitution; however, if a casual deficit does actually exist, this section should apply);
(D) Administration, operation, and maintenance of each office, department, or agency of the city;
(E) Contingent expense in an amount not more than 3% of the total amount stated, pursuant to division (D) of this section; and
(F) Expenditures proposed for capital projects.
(Ord. 1980-23, passed 12-16-80)