After the formation of the district and levy of the initial assessments, the district budget shall be established annually by the city council as a part of the regular budget approval process for the city as a whole. For this purpose, the city manager shall annually prepare or cause to be prepared a report containing the information set forth in Article IV of this chapter. Upon completion, this report shall be filed with the city clerk for consideration by the city council. If this report is accepted, either as submitted or as modified, the city council shall set a time and place for a public hearing on the report and shall direct that notice of the hearing be given as required by law, before the day set for the hearing. The notice shall:
A. State that the city council intends to levy an annual special assessment on each parcel of land within the proposed district to pay the cost of the additional library services specified, during the present or forthcoming fiscal year;
B. Describe in general the additional library services to be provided;
C. Describe in general the location and boundaries of the district;
D. State that the city manager's report is on file with the city clerk and is open to public inspection;
E. State the time and place of the public hearing on the city manager's report;
F. State that any owner may, before the time set for hearing, file a written protest and any owner or other interested person, whether or not filing a written protest, may be heard by the city council at the public hearing, provided the hearing shall be limited to protests or objections to the amounts of the proposed assessments or any change in the method or formula by which such assessments were determined;
G. State the name and telephone number of the city employee or department where questions about the proposed annual assessment will be received.
At the time set for the hearing, the city council shall consider any written protests and any oral protests concerning the amounts of the proposed assessments or any change in the method or formula by which these assessments were determined. Upon conclusion of the hearing, the city council may adopt a resolution confirming the diagram and assessment, either as originally proposed in the city manager's report or as modified by the city council, and establishing the district budget for the fiscal year referred to in the report. Adoption of this resolution shall constitute the levy of the confirmed assessment. A surplus or a deficit in the district's account at the end of a fiscal year shall be carried over to the following fiscal year. The city may make a contribution or a loan to the district's account at any time from other lawfully available funds of the city.
No assessment levied hereunder shall exceed the maximum assessments approved at the election for any land use category.
The authority conferred by a successful election shall last for no more than fifteen (15) years, including the year of the initial assessment levy. (Prior code § 85.06.600)