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I I I I I I I I I I I I I; I' I ! I I I TO: FROM: DATE: RE: Lloyd Schnelle, City Administrator Jeanne Moen, City Accountant ffebruary 23, 1984 CitYCharter Per the iCity Administrator§ and City Attorney§ request, I reviewed Chapter 7 of the revised charter and found the following items discussed previously with the charter commission,!which in my opinion continue to present problems. SectioB:7.0~.01 The re~U!ire~ent that a budget be adopted for all city funds. This wil~l ~crease the complexity and cost oft--~e annual financial statement, and will take away from the organization of the~eport. This will also require the i6clusion of meaninglesSlinformation and comparisons. It is my understanding that budgets are legally required for all General and Special Revenue funds. The council may request budgets for any additional funds they may determine necessary. Section 7.11 This' 6O~in~es to confuse "Tax Anticipation Certificates" and "Certif!cates of Indebtedness". The requirements for issuancest~ted in this sectionimply and are patterned after ~hOse!for "tax Anticipation Certificates" however, the second iIine refers to "Certificates of Indebtedness". Certificate~ of Indebtedness are sold to finance capital equipment p~rchases for police and public works in anticipation of taXeSFand aids to be levied in the future, not taxes and aids levied in p~evious years. Section 7.07.02 "AnyloUllga~ion incurred by any person in the employ of the city for an~ purpose not authorized in the budget resolution, or for-any a~ount in excess of the amount authorized, shall be a personal 6bligation upon the person incurring the obligation" I question whether this wording is needed and/or reasonable, especially in light of the language in the previous section allowing the City Administrator to authorize purchases up to an amQun~? determined in a purchasing policy.