Page 43 - FY 2023-24 ADOPTED BUDGET
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CITY CHARTER REQUIREMENTS


        The City of Benbrook Charter, as approved in 1983 by the Benbrook City Council and amended in 1990 and in 1997,
        has the following requirements for the City Budget:

        SUBMISSION OF THE BUDGET

        On or before the first day in September of each year, the City Manager shall submit to the City Council a balanced
        budget for the ensuing fiscal year and an accompanying message.


        THE BUDGET MESSAGE

        The Budget Message shall explain the budget in fiscal terms and in terms of working programs for the ensuing fiscal
        year.  It shall outline proposed financial policies of the City and shall include other materials as the City Manager
        deems necessary.

        BUDGET CONTENTS

        The budget shall contain the following:

        1.     Comparative figures for the estimated income and expenditures for the ensuing fiscal year compared to the
               combination  of  actual  income  and  expenditures  through  the  latest  complete  accounting  period  that
               information is available for at the commencement of budget preparation, and the estimated income and

               expenditures for the incomplete portion of the current fiscal year.

        2.     The proposed expenditures of each office, department, or function.

        3.     A schedule showing the debt service requirement due on all outstanding indebtedness and on any proposed
               debt.


        4.     The source or basis of the estimate.

        5.     The total of the proposed expenditures shall not exceed the total estimated income and the balance of
               available funds.


        6.     The budget message shall include a forecast of a five-year estimate of revenues and expenditures and an
               explanation of its effect on taxation.  The source or basis of the estimates shall be a part of the forecast.

        PUBLIC HEARINGS ON THE BUDGET

        The Council shall hold a public hearing on the proposed budget prior to the final adoption.  Public Notice of the
        hearings shall be published in the official medium not less than ten nor more than thirty days prior to the hearings.
        The City Secretary shall provide copies of the proposed budget to the public at cost, upon request.



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