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HomeMy WebLinkAbout1991-09-11 91-346 ORDERDow y9-11-91 u Item No. 91-346 Item/Sublet[: ORiERg nie r Dna tuCity r1x4 ce Place a Proposed Tmashcatt of nine Beate[ City Ch ter Relating W Budget on tM City Responsible Department: mnatiler Blectipi Balk[ Commentary: 1fie atcari ed mtffir would direct the City Cleric be place tie proposed a ordlent of the Banry c City Caterer rela" to bud9at on Una [truanmr glecti m ]nl m. Phis Order is n90eW5ar3' ady if the Ob u d.1 bas approval Council C des 91-328 which apperce , Old Bucdmae on toright's agxNa ani wishes this tiueatient to be Placed before the wears in Buraaber. Itis 1a simply a procedural acticn Welch nounce t it is the irmast of the City Council to lave thin Ilan on the Natenbet Election Ballot. Deyanmcat tla6 Manger's Comments: ilYMavgar Associated information: Council Order Budget Approval: —111=1 vm ow Legal Approval: 7H $ Is Id 4eedev(ffa Wilk 71//a 19:'`A PAS :5 ploy naA c.o. 11-M /�ss}. r;,y Salrten powd( an k'/ac%a I. Introduced For TFimsaw rst Reading Paw —of— ❑Referral 91-346 Aedgnedto Cawdor Cohen, September 11, 1991 CITY OF BANGOR (TIRE.) &,NHTa-..._Di tines Ciey_C ark to place Proposed Charter _Amendment ....... By tM City Cousin£ offhe CRY ofBanyor: ORDERED, TUT WHEREAS, by virtue of. Council Order No. 91-328, adopted by the Bangor City Council on August 26, 1991, a hearing was authorized on a proposed amendment to the Bangor City Charter providing for a change in Art_ VI, See. 4, Subsection (c), pertaining to the procedure for determing a cash surplus in the City's General Fund account: and WHEREAS, said hearing was conducted by the Bangor City Council; NOW, THEREFORE, By the City Council of the City of Bangor: CURSED. THAT the City Clerk, In accordance with 30A M.R.S.A. S 2104 is hereby ordered to take all necessary action for purposes of placing on. the ballot at the next regular municipal election the following proposed amendment to the Bangor City Chatter BE IT FURTHER ORDERED, THAT Article VI, Section 4, Subsection (c) of the City Charter of the City of Bangor is amended to read as follows: (c) The annual budget shell contain: (1) ans estimate of all r ash receipts anticipated from a other than the tax levy for the suing fiscal year;fa+-ea-eelkmsee-ekebhe-yeaeee}-£and-enfh-anlp}na-elsflah-de€}e}t- eC-lhe-rod-of-lhe-Rorer!-f}aen}-peer,-(3j- (2) the estimated expenditures ae v for thea ration of the several departments office and agencies ofuthe citr; K9 (3) debt service requirements for the ensuing fiscal year; i59 (4) as estimate of the a required to be raised by the tax levy for the ensuing fiscal year: and E6; (5)'a balanced relationship between the total estimated expenditures and the total anticipated S - revenues eek}eg-}nee-a<eeme-lhe-roe}sated-Senses}-€uad�eesh-ennp}na - eeh- de€}e}l-el-the-Rad-af-Me-eneeme-€}Rea}_Yeese and the tax levy.ceptcfor s overlay a permitted by statute for the General Fund. All estimates shall be is detailshowing revenues by a and expenditure by fund, organisational units, functions and objects of expenditure. The budget shall be so arranged s to show comparative figures for re ceipts and expenditures for the current and next preceding fiscal year. (6)The City Council shall target a undesignated fund balance of no e than lo% of the operating budget, excluding debt service for the General Fund. The minimum target balanc shall be established at 5% of the last fiscal v expenditures less debt s rvice. NOTE: Deletions seeeek-ext{ additions underlined. IN CITY C011NCIL September 11, 1991 Passed ci f� uLERK 91-346 ORDER Title, Directipg, City, Clerk, to, Place, PpPPPS4d charter hmendmant on the Ballot - Budget f.r.n Fl.K ......... Councilman