Laserfiche WebLink
other powers and duties imposed by state law, this Charter, city ordinance and city resolution. The Council may by <br />ordinance abolish offices which have been created by ordinance, and may by resolution, abolish offices which have <br />been created by resolution. It may combine the duties of various offices as it may see fit. <br />(Ord. of 1-24-2001) <br />CHAPTER 7. TAXATION AND FINANCES <br />Sec. 7.1. Council to control finances. <br />The council shall have full authority over the financial affairs of the city except as limited or prohibited by the <br />state constitution, state laws, or this Charter. It shall provide for the collection of all revenues and other assets, <br />and the auditing and settlement of accounts. It shall further provide for the safekeeping and disbursement of <br />public moneys. <br />(Ord. of 3-25-1994) <br />Sec. 7.2. Fiscal year. <br />The fiscal year of the city shall be the calendar year. <br />(Ord. of 3-25-1994) <br />Sec. 7.3. System of taxation. <br />Subject to the state constitution, and except as forbidden by it, or by state statutes, the council shall have full <br />power to provide by ordinance for a system of local taxation. This authority includes the power by ordinance to <br />assess, levy, and collect taxes on all subjects or objects of taxation except as limited or prohibited by the state <br />constitution, by this Charter or by state statutes imposing restriction upon the city, irrespective of Charter <br />provisions. <br />(Ord. of 3-25-1994) <br />Sec. 7.4. Submission of budget. <br />7.4.1 Annually, the city administrator shall submit to the council the budget recommendations in accordance with <br />a budget calendar to be established by resolution. The budget shall provide a complete financial plan for all <br />city funds and activities for the ensuing fiscal year and, except as required by state statutes or this Charter, <br />shall be in such form as the council may require. It shall include a summary and show in detail all estimated <br />income and all proposed expenditures, including debt service and comparative figures for the current fiscal <br />year, actual and estimated, and the preceding year. In addition to showing proposed expenditures for <br />current operations, it shall show proposed capital expenditures to be made during the year and the <br />proposed method of financing each such capital expenditure. The total proposed operating budget to be <br />provided from the property tax shall not exceed the amounts authorized by state statutes and this Charter. <br />Consistent with these provisions, the budget shall contain such information and be in the form prescribed by <br />ordinance and by state statutes. The Annual Financial Statement shall be in such form as state statutes, this <br />Charter or the council may prescribe. <br />(Supp. No. 13) <br />Created: 2025-01-03 16:18:18 [EST] <br />Page 12 of 25 <br />