The budget shall provide a complete financial plan of all City funds and activities for the ensuing fiscal year and shall be in such form as the Manager deems desirable or the Council may require. It shall indicate proposed expenditures for current operations and proposed capital expenditures during the ensuing fiscal year and the method of financing such expenditures. The total of proposed expenditures shall not exceed the total of estimated income and reserves.
(Amended 11-4-08.)