Agenda - Council - 03/11/2025 - Laserfiche WebLink

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7.6`2 At least two weeks before the proposed budget is adopted, for the ensuing fiscal year, a summary of the proposed budget and municipal levy increases and decreases shall be given in the city newsletter. Such summary shall be set forth in language designed to be readily understood by the layperson, and shall provide appropriate supporting information astothe necessity for any increases. Failure toprovide the specified summary will not invalidate the budget. A summary of the adopted final budget shall be printed in the city newsletter assoon as ispractical after the adoption. Sec. 7~7.Enforcement mf the budget. 7.7.lThe city council shall enforce the provisions ofthe budget. |tshall approve and authorize payments ofbills, et each regularly scheduled council meeting, that have been presented for payment, supported by an itemized bill, payroll time sheet, or other document approved and signed by the responsible city officer who vouches for its correctness and reasonableness. Bills that are of an ongoing operating nature, have been appropriated in the budget, and been approved by the responsible city officer, may be paid prior to regular council meetings to avoid late penalties or to take advantage of available discounts. Other payments may occur in the event it is unreasonable or untimely to obtain council approval for funding an emergency or unforeseen expenditure which is necessary for the routine operation of the city as directed by council in a purchasing policy which shall beadopted byordinance. 7.7.2 Any obligation incurred by any person in the employ of the city for any purpose not authorized in the budget resolution, or for any amount in excess of the amount authorizedl shall be a personal obligation upon the person incurring the obligation and such person will be subject to appropriate disciplinary or criminal action. No check shall be issued or transfer made to any account other than one owned by the city until the claim to which it relates has been supported by an itemized bill, payroll, time sheet or other document approved and signed by the responsible city officer who vouches for its correctness and reasonableness. (Ord. of3'25'1gg4) Sec. 7.8. Alterations to the budget. After the budget resolution has been adopted, the council shall not increase the amounts fixed inthe resolution beyond the estimated funds available except to the extent that actual receipts exceed the estimated funds available. At anytime, the council may, by resolution approved by a four -fifths vote of its members, reduce the sums appropriated for any purpose by the budget resolution, or authorize the transfer of sums from unencumbered balances of appropriations in the budget resolution to other purposes. Sec. 7.9.Funds. There shall be maintained in the city treasury a general fund and such other funds as may be required by state statutes resolution or ordinance. The council shall., by resolution orordinance, create and abolish funds and shall define which funds are eligible for interfundloans asitmay deem necessary and appropriate. Created: 2025e1'03 16.18.18 [EST] Page 14 of 25