Docs re Amendments Ch 4, 6, 8 and 12

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, 10/30/92 10:29 HOLMES & GRAVEN NO.002 008 citizens a reasonable opportunity to be heard, The council may revise the budget but se an amendment to the budget shalt may not increase the authorized expenditures to an amount greater than the estimated ieaeeme revenues. ho oouneii The budget resolution must show the total for each budgeted fund and each department with such segregation as to objects and purposes of expenditures as the council deems necessary for purposes of budget control. The council elm must also adopt a resolution levying the amount of taxes necessary to provide the revenues for the budgeted expenditures in the next ensuing fiscal year. The clerk-administrator shall must certify the tax resolution to the county auditor in accordance with state law. The sums fixed in the budget resolution are appropriated for the purposes identified in the budget resolution, Subd. 2. • - = = __ - - _ - _ - _ - - = _fieeel-yeer" Prior to adoption of the budget a summary of the budget must be published in the city newsletter or the official newspaper.1e Such The summary must be in language and form designed to be readily understood by the lensereee tax payers,and-aberla The summary must provide appropriate supporting information as to the necessity for any increase in the total budget on the total for the current fiscal year. bet Failure to publish the summary will not invalidate the budget.19 16The timing of the adoption of the budget and the public hearing requirements are completely controlled by state law. Minnesota Statutes, Section 275.065, the "Truth in Taxation" law. 17The city Council has requested the removal of the two- weekrior publication of the summary because of scheduling difficulties in publishing the newsletter. DJZ4365$ M0135-16