(a) For those Funds numbered in the 500's and 600's, and any funds receiving property tax revenue from a levy outside the 10-mill limitation:
(1) No later than February 20th of each year the Finance Director shall provide Council, the Mayor and all elected officials responsible for budget preparation with the estimate of available funds for the preparation of annual budget and a revenue estimate for the preparation of the five year budget.
(2) No later than March 20th of each year the mayor and all elected officials responsible for budget preparation shall submit to Clerk of Council all line item budget proposals which shall be immediately forwarded to the Finance Director for compilation and review for accuracy of figures.
(3) No later than April 1st the Finance Director shall transmit the proposed budgets to Clerk of Council.
(4) During the months of April, May and June, Council shall hold public meetings on the proposed budgets.
(5) No later than June 15th, the reviewed budgets shall be returned to the Finance Director for final review and compilation.
(b) For those Funds numbered in the 100's, 200's, 300's, 400's, 700's, 800's, and 900's, except those funds receiving property tax revenue from a levy outside the 10-mill limitation:
(1) No later than April 20th of each year the Finance Director shall provide Council, the Mayor and all elected officials responsible for budget preparation with the estimate of available funds for the preparation of annual budget and a revenue estimate for the preparation of the five year budget.
(2) No later than May 20th of each year the Mayor and all elected officials responsible for budget preparation shall submit to the Clerk of Council all line item budget proposals which shall be immediately forwarded to the Finance Director for compilation and review for accuracy of figures.
(3) No later than June 1st the Finance Director shall transmit the proposed budgets to the Clerk of Council.
(4) During the months of June, July, and September Council shall hold public meetings on the proposed budgets.
(5) No later than October 1st, the reviewed budgets shall be returned to the Finance Director for final review and compilation.
(c) For the General Fund:
(1) No later than July 20th of each year the Finance Director shall provide Council, the Mayor and all elected official responsible for budget preparation with the estimate of available funds for the preparation of annual budget and a revenue estimate for the preparation of the five year budget.
(2) No later than August 15th of each year the Mayor and all elected official responsible for budget preparation shall submit to Clerk of Council all line item budget proposals which shall be immediately forwarded to the Finance Director for compilation and review for accuracy of figures.
(3) No later than August 25th the Finance Director shall transmit the proposed budgets to the Clerk of Council.
(4) Between August 26th and October 15th Council shall hold public meetings on the proposed budgets.
(5) No later than October 15th, all reviewed budgets shall be returned to the Finance director for final review and compilation.
(d) Ten days after the last budget is reviewed by Council or no later than October 25, whichever is later, the Finance Director shall provide the reviewed budgets to Council by electronic or paper copy. Council shall review and adopt the complete Budget for all funds no later than December 31st. (Ord. 93-11. Passed 6-27-11; Ord. 116-24. Passed 6-24-24.)