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Mounds View Charter Commission Date: June 4, 2004 <br /> Charter Updates; Category 2 Items; Chapter 7 <br /> • Revision—Draft 6 Page7 of 13 <br /> Subdivision 4. A Long-Term Revenue Program. This program shall consist of a <br /> tentative revenue policy which describes long-term plans for financing public services and <br /> capital improvements. <br /> Subdivision 5. The Capital Budget. This program shall be a summary on the basis <br /> of a five-year period of the capital or money requirements for the above described programs. <br /> It shall list a priority for each anticipated investment in community facilities and balance this <br /> with a consideration of the availability of necessary revenues. <br /> Subdivision 6. A summary of the long-term fmancial plan shall be published in the <br /> City—official City newspaper, the City newsletter, andjorif available, the City website <br /> annually before August 1. <br /> Section 7.06. Council Action on Budget. <br /> Subdivision 1. The Council shall annually adopt the budget calendar by June 1st. <br /> The calendar will establish the time line for Clerk-Administrator development and <br /> submission of the budget,public review and comment and Council action and adoption of <br /> the proposed budget in accordance with MN Statute 275.065, as amended, and time lines <br /> as establish by state statute, City Council and this Charter. The budget shall be <br /> considered at the first regular monthly meeting of the Council in September and at <br /> • <br /> City of Mounds View <br />