1968 Recommendations to Change Fiscal Year

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r6---- 3851_.-.A PORTE, TEXAS. Charter____10.4-69-:_..—_ 'R.RS (2) A consolidated statement of receipts and expenditures for all funds. (3) An " analysis of property valuations. (4) An analysis of tax rate. (5) Tax levies and tax collections by years for at least ten (10) years or for a number of ,years for which records are available. (6) General fund resources in detail. (7) Summary of proposed expenditures by function, de- partment, and activity. (8) Summary of proposed expenditures by character and object. (9) Detailed estimates of expenditures shown separately by each activity to support the summaries Nos. (7) and W above. Such estimates of expenditures are to in- clude an itemization of positions showing the number of persons having each title and rate of pay. (10) A revenue and expense statement for all types -df bonds. (11) A description of all bond issues outstanding, showing rate of interest, date of issue, maturity date, amount authorized, amount issued, and amount outstanding. (12) A schedule of requirements for the principal and in- terest on each issue of bonds. {-13) A special funds section. (14) The appropriation ordinance. (15) The tax levying ordinance. The total estimated expenditures of the general fund anS 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 con- form 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. Section 46. Anticipated revenues compared with other year& In parallel columns opposite the several items of revenue there shall be placed the actual amount of such item for the last completed fiscal year, the estimated amount for the cur- rent fiscal year, and the proposed amount for the ensuing budget year. Section ' 43. Budget message; current operations. The budget message submitted by the mayor to the com- "mUsion shall be explanatory of the budget, shall contain- an outline of the proposed financial policies of the city for the budget year and shall 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 ex- penditure and revenue items and shall explain -any major changes in financial policy. Section 44. Budget message; supporting schedules. Attached to the budget message shall be such supporting schedules, exhibits and other explanatory material, in respect to both current operations and capital outlays as the mayor shall believe useful to the commission. Section 45: Budget. The budget shall provide a complete financial plan for the fiscal year. It shall contain A.he following: (1) A budget message.