CHAPTER 34

FINANCE AND REVENUE

 

34.01 Annual budget

34.02 Fiscal year

 

§ 34.01  ANNUAL BUDGET.

 

During the last quarter of each fiscal year, as required by state statute, the City Council shall enact a budget in which shall be itemized all anticipated expenditures to be met during the coming year, other than those payable from bond issues, and all anticipated revenues to be received or accrued during the coming year. This budget document shall be available for public inspection at least ten (10) days prior to its passage and a public hearing shall be held after due publication as required by statute.

 

§ 34.02  FISCAL YEAR.

 

The fiscal year of the city shall commence on May 1 of each year and end on April 30.