For the purpose of this chapter, the following definition shall apply unless the context clearly indicates or requires a different meaning.
BIENNIAL BUDGET. A budget by the City that provides for a biennial period to determine and carry on the City's financial and taxing affairs.
BIENNIAL PERIOD. The two (2) fiscal years comprising a biennium commencing in odd-numbered or even-numbered years used by the city in determining and carrying on its financial and taxing affairs.
PUBLIC FUNDS. All money, including non-tax money, used in the operation and functions of governing bodies. If the City has a lottery established under the Nebraska County and Village Lottery Act, only those net proceeds which are actually received by the City from a licensed lottery operator shall be considered PUBLIC FUNDS, and PUBLIC FUNDS shall not include amounts awarded as prizes. (Ref. 13-503 RS Neb.) (Ord. No. 366, 3/7/95) (Amended by Ord. No. 850, 2/4/14)