HomeMy WebLinkAboutBack-Up from Law DeptSec. 2-1144. - Budget and finance.
(a) Effective immediately, the council shall establish a fiscal year which coincides with that of the city.
The council shall submit to the city commission a budget, in a form acceptable to the city
manager as soon as possible for the fiscal year beginning October 1, 2021, and no later than April
1 for fiscal years after 2021-2022, preceding the commencement of each subsequent fiscal year.
Nothing contained herein shall be construed to prohibit the council from submitting a
supplemental budget to the commission for approval. All funds not expended within a particular
fiscal year shall rollover to the next fiscal year.
(b) No expenditure shall be made in any given year without approval by the city commission of the
council's budget and any supplemental budget thereto for that year and all expenditures shall
comply with city procedures for acquisition of goods and services pursuant to the City Code.
(c) In conjunction with the submission of the budget, the council shall submit an annual master plan
reflecting the proposed operations and activities for the forthcoming fiscal year in accordance
with the council's purposes, powers, and duties as outlined in section 2-1141. Nothing contained
herein shall be construed to prohibit the council from submitting a supplemental annual master
plan to the city commission for approval. The city commission may review and deny any item
contained in the annual master plan and in any supplemental annual master plan within 30 days
from the date of its submission by the council.
(d) No provision contained in this division shall be construed to violate the Anti -Deficiency Act, as set
forth in sections 18-500-18-503.
(e) There is hereby established a special revenue fund account line titled "City of Miami Arts and
Entertainment Council" to be maintained and administered by the city.
(Ord. No. 14074, § 2, 6-23-22)