08-31-1994 - Laserfiche WebLink

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authorized expenditures to an amount greater than the estimated revenues . The budget resolution must show the total revenues and expenditures for each budgeted fund and each department with such segregation as to objects and purposes of expenditures as the Council deems necessary for purpose of budget control. The Council must also adopt a resolution levying the amount of taxes necessary to provide the revenues for the budgeted expenditures in the ensuing fiscal year. The Clerk-Administrator must certify the tax resolution to the County auditor in accordance with law. The sums fixed in the budget resolution are appropriated for the purposes identified in the budget resolution. Subdivision 2 . At the time when the tax resolution is certified to the County Auditor for the ensuing year, a summary of the total proposed City budget must be published in the City newsletter or the official newspaper. The summary must be in language and form designed to be readily understood by the taxpayers . The summary must include the amount of the total proposed budget and anticipated changes in the City's tax levy, market values of property in the City, and/or the services provided to residents and businesses. The summary must also provide appropriate supporting information as to the necessity for any increase in the total budget over the total for the current fiscal year. Failure to publish the summary will not invalidate the budget. ( 94-2)24