(A) (1) The annual budget proposal shall detail the raising of revenue from all sources, including grants and transfers, and the spending of money for specified programs, functions, activities or objectives of the city, including all principal and interest due on debt, for the budget year.
(2) The total of anticipated revenue shall equal or exceed the total of proposed expenditures.
(B) (1) The annual budget proposal shall provide a complete program and financial plan for all funds for the budget year.
(2) It shall contain:
(a) A budget message prepared by the executive authority as specified in KRS 91A.030(7); and
(b) A complete concise summary containing the principal sources of anticipated revenue, including carry-over funds and prepared expenditures by department, program, function or objective.
(Ord. 10-81, passed 6-16-1981; Ord. 12-87, passed 7-28-1987)