Prior to the commencement of each fiscal year, a budget for
the City shall be prepared, and the same will be presented to and
approved by the Board of Aldermen. The format of the budget shall
be that illustrated by Appendix I to this chapter.
A.
The annual budget shall present a complete financial plan for the
next fiscal year. The following shall be included in the budget:
1.
A budget message to describe the important features of the budget
and to point out any major changes from the previous year.
2.
An estimate of revenues which are expected to be received during
the next year from all sources, plus a comparative statement of the
revenues for the previous two budget years. These comparisons shall
be shown by year, fund and source.
3.
An estimate of the expenditures that are proposed to be spent during
the budget year, plus a comparative statement of actual expenditures
for the previous two budget years. These comparisons shall be shown
by year, fund, and source.
4.
The amount of money required to pay any interest, amortization or
redemption charges which the municipality will owe during the budget
year.
5.
A general summary of the total proposed budget.
The budget officer for this City shall be appointed annually.
It is the responsibility of the budget officer to prepare the budget
after reviewing expenditure requests and revenue estimates with other
City officers. The budget officer shall submit the completed budget
and supporting schedules and exhibits to the Mayor, who shall present
the same to the Board of Alderman.
The budget officer shall prepare the City budget under the direction
of the Mayor. The Mayor shall concur in the budget prior to its submission
to the Board of Aldermen.
Expenditure estimates in the budget shall not be larger in amount
than the total anticipated revenue for the budget year, plus any surplus
from the previous year or less any deficit from the previous year
or less any deficit from the previous year.
The City shall not incur any annual debts which aggregate an
amount greater than the anticipated revenues for the budget year,
without the approval of the voters of the City, as required by law.
A.
The budget officer shall prepare the City budget in accordance with
the following calendar:
1.
In July of each year, the budget officer will collect the data necessary,
and make preliminary revenue estimates for the coming fiscal year.
He will estimate expenditures for the present year, and note expenditures
and revenues for the previous two fiscal years.
2.
In August of each year, the budget officer will request from each
City officer a statement of expenditures requested for the coming
fiscal year.
3.
In September of each year, the budget officer will review the departmental
requests and make his final revenue estimates for the coming fiscal
year, and will confer with department heads to discuss these requests.
4.
In October of each year, the budget officer will begin assembling
the City budget.
5.
In November of each year, the budget officer will confer with the
Mayor and any such other officers as the Mayor may designate, for
preparation of the City budget for the next fiscal year to be submitted
to the Board of Aldermen.
6.
The budget shall be submitted to the Board of Aldermen at the first
regular meeting in December.
To the maximum extent practicable, and to the extent it does
not conflict with state law, this Code, or other ordinance, the budget
shall be prepared in accordance with A Guide to Budgeting for Missouri
Municipalities, published by the Missouri Municipal League.
