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HomeMy WebLinkAbout1988-09-26 88-411 ORDERDate 0 k - here No. - 88-411'- S v Item/Subject. Directing City :Clerk to Publish Notice of a Public Hearib4 on t Proposed Charter Amendment -- 3% Limitation. on Grose Annual Expenditu as F.eeponuble DzpgrlmentHYdget (Excluding Enterprise Funds) Commentiry: The purpose of this item is to set the date for a public hearing n the Petitioners' Committee proposed Charter amendment for a 38 budget cap, and to formally delegate to the.City Clerk the authori to publish notice of the hearing. - Leg l Notice, ON M M n M 37 so Uffla w1 ra 11. ARP Ed . e:: nft. m Rena J. s.4w 41 Ise rep rve Y, -,d Manager's E mmenns �UyJ pr X11_ n y.�d: 'n „ �,• cry Afevgn Aeeuciated Inform.rnn:p - Budget Approval: U.A. _. I real ApproreC ' Ciry Sel: a is or m, Paslee, P-es;ge O Flnt Reading 0ReIs' r y Page o1 _ 88-411 Amigncdto Cm nvx0r Tiller, September 26, 1988 e CITY OF BANGOR GIRL) (oIbPTC oirect.� ats CleSk m ymm�sn Npcnce of a Public ]hearing,,,,,_, on Proposed Chatter Amendment -- 38 Limitation on Gross Annual Expenditures Budget (Excluding Enterprise Hvde) BY Gw City CeMNOU Of his Cay a/Bangor:. ORDERED, TUT a public hearing shall be m lucted on , 1988, in the City Cowoil Chambers by the Bangor City Council, Municipal Officers of the City of Bangor, on a proposed amenthent to the Bogor City (Carter, a copy of said propnsed amendrant being attached to this Order as Exhibit"A"; sd be it brother MEnED, T1ET the City Clerk is hereby authorized and directed on behalf of the City Council to cause notice of said bearing to he published in asordance with 38 M.R.S.A. § 1914. 0 88-911 In City muncil Sep�r. 26,1988 O R D E R anon in the first lira the Oats October 12.11988 �9 Title, tM space provides yw✓.� Digs nn City Cle€ W, publish Notice of a Public Hearing on prc Sn charter Amend t Qty ClerR 38 L�miT�tion.on ct4oross Annual EXQ n tures Inning En a ds A pato r .................... councilman 88-411 net the following Bangor City Charter Article VI Section 5 be amended by adding a new paragraph (a) as follows: -Notwithstanding any other provision in Section 4 or 5 to this Article VI to the contrary, the grass annual expenditures bWget (excluding Enterprise Funds) adopted beginning with the next municipal fiscal year following the effective date of this amendment shall notexceed by more than three percent (3&) the gross a ual expenditure budget (excluding Enterprise Funds) for the next previous municipal fiscal year. In the event there is a deficit in any Enterprise Fwd at the end of any municipal fiscal year, the City Council shall provide funds in the budget for the next municipal fiscal year sufficient to cure said deficit. Any expenditure of funds to cure Enterprise Fund deficits shall be included in the conputation of the three percent (38) expenditure limit provided herein. - EXHIBIT 'A'