ARTICLE VII
FINANCIAL PROCEDURES
Section 7.01.   Fiscal Year.
   The fiscal, budget and accounting year of the City government shall be the calendar year. (Amended Nov. 3, 1998)
Section 7.02.   Submission of Budget and Budget Message.
   The Manager shall submit to the Council the annual budget and an accompanying message as ordained by Council and according to Ohio law.
Section 7.03.   Budget Message.
   The Manager's message shall explain the budget both in fiscal terms and in terms of the work programs. It shall outline the proposed financial program of the City for the ensuing fiscal year, describe the important features of the budget, indicate any major changes from the current year in financial policies, expenditures, and revenues together with the reasons for changes, summarize the City's debt position and include such other material as Council may require and as provided by Ohio law.
(Amended Nov. 3, 1998)
Section 7.04.   Budget.
   The budget shall provide a complete financial plan for all City funds and activities for the ensuing fiscal year and except as required by law or this Charter, shall be in such form as the Manager deems desirable or the Council may require. In organizing the budget, the Manager shall utilize the most feasible combination of expenditure classification by fund, organization, unit, program, purpose or activity, and object. It shall begin with a clear general summary of its contents; shall show in detail all estimated income, and all proposed expenditures, including debt service, for the ensuing fiscal year; and shall be so arranged as to show comparative figures for actual and estimated income and expenditures of the preceding fiscal year. It shall indicate in separate sections:
   (a)   Proposed expenditures for current operations during the ensuing fiscal year, detailed by offices, departments and agencies in terms of their respective work programs, and the method of financing such expenditures;
   (b)   Proposed capital expenditures during the ensuing fiscal year, detailed by offices, departments and agencies when practicable, and the proposed method of financing each such capital expenditure; and
   (c)   Anticipating net surplus or deficit for the ensuing fiscal year of each utility owned or operated by the City and the proposed method of its disposition; subsidiary budgets for each such utility giving detailed income and expenditure information shall be attached as appendices to the budget.
The total of proposed expenditures shall not exceed the total of estimated income. (Amended Nov. 3, 1998)
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