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the treasurer shall be as specified by state law for the treasurer in a statutory <br /> city. <br /> CD <br /> CHAPTER 7 <br /> 00 TAXATION AND FINANCES <br /> Sec. 7.01. Council to Con`rol Finances. The council shall have full authority <br /> over the financial affairs of the city except as limited or prohibited by the state <br /> constitution, state laws, or this charter. It shall provide for the collection of <br /> all revenues and other assets, and the auditing and settlement of accounts. It shall <br /> further provide for the safekeeping and disbursement of public moneys by the city <br /> treasurer. <br /> Sec. 7.02. Fiscal Year. The fiscal year of the city shall be the calendar year. <br /> Sec. 7.03. System of Taxation. Subject to the state constitution, and except as <br /> forbidden by it or by state law, the council shall have full power to provide by or- <br /> dinance for a system of local taxation. This authority includes the power by ordin- <br /> ance to assess, levy, and collect taxes on all subjects or objects of taxation except <br /> as limited or prohibited by the state constitution, by this charter or by state laws <br /> imposing restrictions upon the city irrespective of charter provisions. <br /> Sec. 7.04. Submission of Budget. <br /> Subdivision 1. Annually the clerk-administrator shall submit to the council <br /> the budget estimates in accordance with a budget calendar to be established by <br /> resolution. The budget shall provide a complete financial plan for all city funds <br /> -18- <br />