Chapter 1.37 TWO-YEAR FISCAL BUDGET

Chapter 1.37
TWO-YEAR FISCAL BUDGET

Sections:

1.37.010 Two-year fiscal budget.

In accordance with the provisions of Chapter 35.34 RCW, a two-year fiscal budget is established for the city, commencing January 1, 1997. The 1997 – 1998 biennium fiscal budget and all subsequent budgets shall be prepared, considered and adopted under the provisions of this chapter and Chapter 35.34 RCW, which is adopted by this reference. (Ord. 2630 § 1, 1996).

1.37.020 Mid-biennium modifications.

In accordance with RCW 35.34.130, a mid-biennium review and modification of the biennium fiscal budget shall occur in 1997 after the month of August and prior to the end of December, and during the same periods in odd numbered years thereafter. No later than the first regular meeting of the city council in the month of November of the first year of each biennium fiscal budget the city manager shall prepare proposed budget modifications to be effective as of the next January 1st. Such proposal shall be provided to all city council members and shall constitute a public record available to the public. A public hearing shall be held by the city council no later than the second Monday in December and may be continued from time to time. At such hearing or thereafter, the city council may consider a proposed ordinance to adopt such modifications, which ordinance shall be subject to other provisions of Chapter 35.34 RCW. A complete copy of any modification ordinance as adopted shall be transmitted to the Division of Municipal Corporations in the Office of the Washington State Auditor and to the Association of Washington Cities. (Ord. 2630 § 1, 1996).