Chapter 4.05
FISCAL NOTES FOR ORDINANCES AND RESOLUTIONS

Sections:

4.05.010    Fiscal notes for ordinances and resolutions.

4.05.010 Fiscal notes for ordinances and resolutions.

A.    A summary of the financial effects of an ordinance or a resolution must be submitted to the Council accompanying the first reading of an ordinance or resolution before it can be considered.

B.    The fiscal note on an ordinance or a resolution includes:

1.    Changes in expenditures;

2.    Changes in revenue;

3.    The source of funds to be used; and

4.    Any additional fiscal information that may be useful to the Council in its deliberations.

C.    A fiscal note is required for all ordinances and resolutions that affect revenues, expenses, assets or liabilities.

D.    The fiscal note, once the ordinance has passed, shall result in an amended budget. (Ord. 13-19 § 2, 2014)