The City Manager’s message shall explain the budget both in fiscal terms and in terms of the work programs. It shall:
1. outline the proposed financial policies of the City for the ensuing fiscal year;
2. describe the important features of the budget;
3. indicate any major changes from the current year in financial policies, expenditures, and revenues, and the reasons for such changes;
4. summarize the City’s debt position; and,
5. include such other material as the City Manager deems desirable.