The budget shall be considered and adopted by the Council in the form and within the time period established by Minnesota Statute.
All meetings to consider the budget shall be so conducted as to give interested citizens a reasonable opportunity to be heard. The Council may revise the proposed budget but no amendment to the budget shall increase the authorized expenditures to an amount greater than the estimated fund balances.
The Council shall adopt the budget by a resolution which shall set forth the total for each budgeted fund and each department with such segregation as to subjects and purposes of expenditures as the Council deems necessary for purposes of budget control. The Council shall also adopt a resolution levying the amount of taxes provided in the budget in accordance with Minnesota Statute.
Adoption of the budget resolution shall constitute appropriations at the beginning of the fiscal year of the sums fixed in the resolution for the several purposes named. The sums constituting an individual appropriation shall be the aggregate of all minor line item amounts contained in the detailed budget for the major categories of expenditures determined by general function or department within each fund.
The budget resolution shall reflect only the appropriation for each major budget category, function or department for the ensuing year. The Council shall, when adopting each budget, determine such major categories, functions or departments in accordance with generally accepted accounting practices.