04-14-12 Special Meeting of La Porte City Council (council retreat)

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PARTI-CHARTER CHARTER COMPARATIVE TABLE 9. The appropriation ordinance. 10. The tax -levying ordinance. b. Attachments to budget. 1. Budget message. The city manager shall prepare a budget message which shall be submitted with the budget. It shall contain an outline of the proposed financial policies of the city for the fiscal year and describe in connection therewith the important features of the budget plan. It shall set forth the reasons for salient changes from the previous years in expenditures and revenue items and shall explain any major changes in financial policy. 2. Supporting schedules. Attached to the budget shall be such supporting schedules, exhibits and other explanatory material, in respect to both current operations and capital outlays, as the city manager shall believe useful to council. 3. Comparison tables. The city manager may prepare tables in which various items may be compared with those of previous years and shall attach such to the budget. (a) Anticipated revenues. In parallel columns opposite the several items of revenue, there shall be placed the actual amount of such item for the first six (6) months of the current year, the budgeted amount for the current fiscal year, and the proposed amount for the ensuing fiscal year. (b) Proposed expenditures. The proposed expenditures for the administration, operation, maintenance and capital outlay of each office, department or agency of the city shall be itemized by character and object. In parallel columns opposite the various items of expenditures, there shall be placed the actual amount of such items of expenditures for the last completed fiscal year, the estimated amount for the current fiscal year and the proposed amount for the ensuing fiscal year. C. Balanced budget. The total estimated expenditures of the general fund and debt service fund shall not exceed the total estimated resources of each fund (prospective income plus cash on hand). The classification of revenue and expenditure accounts shall conform as nearly as local conditions will permit to the uniform classification as promulgated by the National Committee on Municipal Accounting or some other nationally accepted classification. 4.02. - Availability of proposed budget. The proposed budget and all attachments shall be a public record in the office of the city secretary, open to public inspection. The city manager shall cause sufficient copies of such to be prepared for distribution to interested persons. 4.03. - Budget adoption a. Publication of notice of public hearing. At the meeting of city council at which the budget and attachments are submitted, council shall determine the place and time of the public hearing on the budget, and shall cause to be published a notice of the place and time, not less than seven (7) days after date of publication, at which council will hold a public hearing. b. Public hearing. At the time and place so advertised, or at any time and place to which such public hearing shall from time to time be adjourned, city council shall hold a public hearing on the budget as Page 15 of 32 La Porte, Texas, Code of Ordinances