Sec. 2-36.  General Fund; budgetary policy.


The mayor and city council hereby establish by ordinance a budgetary policy to provide sound fiscal management for the city by providing that the beginning general fund balance plus bud­geted revenues for each fiscal year shall exceed the budgeted expenditures for that fiscal year by not less than one million dollars ($1,000,000.00), unless otherwise established by the mayor and city council. 


Source:  Ord. No. 3577, § 1, 8-15-88

Editor's note--Ord. No. 3577, § 1, adopted Aug. 15, 1988, did not specifically amend the Code, hence inclusion herein as § 2-36 was at the discretion of the editor.