CHARTER REQUIREMENTS
Adopted by the People on November 5, 1974

Sec. 7-101 BUDGET.

On or before the first (1st) Monday in April of each year, the Mayor shall submit to the City Council a proposed annual budget for the next fiscal year which shall begin on July 1.(Adopted by the electorate, 11-5-74) 

Sec. 7-102 BUDGET ADOPTION.
A. After a public hearing has been held in the manner provided by law, the City Council shall, no later than the first (1st) Monday in June, adopt the budget with or without amendment. 
B. The adoption of the budget may be accomplished by resolution.
C. Adoption of the budget shall constitute appropriations of the amounts specified therein from the funds indicated and a levy of the property tax specified therein.
(Adopted by the electorate, 11-5-74)