On or before the 15th day of November of the fiscal year, the Manager shall prepare and submit to Council an appropriation ordinance containing a financial plan for conducting the affairs of the Municipality during the ensuing fiscal or calendar year. Council shall specify the form of and the information to be contained in the Appropriation ordinance, as required by the Bureau of Inspection and Supervision of Public Offices. The appropriation ordinance shall be based on the Annual Tax Budget as certified and/or revised by the County Budget Commission.
(a) Adoption. Council shall adopt a temporary appropriation ordinance on or before the 31st of December of the fiscal year currently ending. The ordinance shall be passed with five members concurring, at a single reading, and shall become effective upon its adoption.
(b) Permanent Appropriation Ordinance. If Council fails to adopt a temporary appropriation ordinance by December 31 of the current year, the amounts appropriated for current operation for the current fiscal year shall be deemed adopted for the ensuing fiscal year on a month-to-month basis, with all items in it prorated accordingly. But no later than the first day of April of the current year, a permanent appropriation ordinance shall be adopted. Council shall provide for a public hearing upon such permanent appropriation ordinance, and may amend such ordinance at any time. Adoption of an appropriation ordinance shall constitute appropriations of the amount specified therein as expenditures from the funds indicated.
(Adopted by electorate, November 4, 1997 / Legislation 97-0-40, July 30, 1997)