Budgetary legal requirements shall be defined as follows:
   A.   City Funds: The budget process for all city funds (excluding those of the public trust authorities) is governed by 11 Oklahoma Statutes sections 17-101 through 17-216. As such, the city will comply with all legal deadlines, public hearing and budget content requirements of the law.
   B.   Public Trust Authorities: The budgets for the public trust authorities are governed by 60 Oklahoma Statutes section 176. (Ord. 896, 11-8-2004)