HomeMy WebLinkAboutBack-Up from Law DeptSec. 38-237. - Approval of budget.
(a) Effective immediately, the trust shall establish a fiscal year which coincides with that of the city.
The trust shall submit to the city commission, in a form acceptable to the city manager, and no
later than April 1 preceding the commencement of each fiscal year, a trust budget request
pertaining to management, operation, maintenance and capital expenditures and delineating the
financial responsibility of the city for certain categories including but not limited to: insurance,
security, utilities, capital improvements and maintenance. Nothing contained herein shall be
construed to prohibit the trust from submitting a supplemental budget to the commission for
approval.
(b) No expenditure shall be made in any given year without approval by the city commission of the
trust budget for that year and all expenditure shall comply with city procedures for acquisition of
goods and services.
(c) In conjunction with the submission of the budget, the trust shall submit a master plan reflecting
the proposed operations, activities, improvements, and maintenance plans for the forthcoming
fiscal year. The city commission may review and deny any item contained in the master plan
within 30 days from the date of its submission by the trust.
(d) No provision contained in this article shall be construed to violate the Anti -Deficiency Act, as set
forth in sections 18-500 through 18-503 of this Code.
(Ord. No. 12003, § 3, 12-14-00)