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citizens a reasonable opportunity to be heard. The council may revise the budgets <br /> but se an amendment to the budget shall may not increase the authorized <br /> expenditures to an amount greater than the estimated income revenues. The council <br /> _ _ . _ _ _ _ - - _ _ - _ _ _ • - The budget resolution must show the total <br /> for each budgeted fund and each department with such segregation as to objects and <br /> purposes of expenditures as the council deems necessary for purposes of budget <br /> control. The council shall must also adopt a resolution levying the amount of taxes <br /> necessary to provide the revenues for the budgeted expenditures in the next <br /> ensuing fiscal year. •e a •n the b..aget-aset The clerk-administrator shall must <br /> certify the tax resolution to the county auditor in accordance with state law. <br /> The sums fixed in the budget resolution are appropriated for the purposes identified <br /> in the budget resolution. <br /> Subd. 2. - - - - ' - •- - - - - - - - _ <br /> fiscal P17 Prior to adoption of the budget a summary shall-be-give= in theity c <br /> --J <br /> newsletter-s-is-etraft-f-eprar of the budget must be published in the city newsletter or <br /> the official newspaper.18 gush The summary shall be cct forth must be in language <br /> and form designed to be readily understood by the laypersen tax payers asel-shall <br /> The summary must provide appropriate supporting information as to the necessity <br /> for any increase in the total budget on the total for the current fiscal year. hut <br /> Failure to _ • - •- - - = = - - • •••• - • publish the summary will not invalidate the <br /> budget.19 <br /> 16The timing of the adoption of the budget and the <br /> public hearing requirements are completely controlled by <br /> state law. Minnesota Statutes, Section 275.065, the <br /> "Truth in Taxation" law. <br /> 17The City Council has requested the removal of the two- <br /> week prior publication of the summary because of <br /> scheduling difficulties in publishing the newsletter. <br /> D3143658 5 <br /> MU125-16 <br />