§ 250.391.

BUDGET-CONTENTS

Unless the Board shall have directed the Chief Administrative Officer so to act, the Treasurer shall annually cause to be prepared a budget for each bond issue hereunder which shall include the following:

1.

The gross amount required to pay the principal of and interest on the bonds and any premiums on bonds to be called, before the proceeds of a second assessment levy will be available therefor;

2.

The gross amount proposed to be raised for the maintenance and operation of the City improvements or facilities involved, and any capital additions, extensions, improvements or replacements therein, during the period provided in part 1 of this Section;

3.

The balance available at the end of the fiscal year for each of the purposes provided in parts 1 and 2 of this Section;

4.

The amount estimated to be available pursuant to any pledge of applicable revenues, which shall be budgeted and appropriated, for either of the purposes provided in parts 1 and 2 of this Section;

5.

The amount estimated to be available from additional contributions, which shall be budgeted and appropriated, for either of the purposes provided in parts 1 and 2 of this Section; and

6.

The balance of the amount remaining for each parts 1 and 2 of this Section.

History

(Added by Ord. 225-81, App. 5/5/81)

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