§ 6.13. Utility budgets.  


Latest version.
  • Separate budget estimates for each of the utilities as defined in Chapter 13 of this Charter shall be submitted to the director of finance at the same time as the budgets of other departments and in the form prescribed by the city manager, subject, however, to the provisions of Chapter 13 which shall also control the action of the city manager and council thereon. Estimated receipts shall take account of (a) any estimated balance of net income from the current fiscal year as determined in accordance with subsection (d) of section 13.06 of this Charter not anticipated to be transferred to the general fund or a renewal fund; (b) the effect of any change in rates made during the current fiscal year or contained in any rate ordinance submitted with such budget; and (c) any appropriation to make up an estimated deficit in utility operations for the ensuing fiscal year contained in the general fund budget. The city manager shall submit with the budget of each utility an ordinance making appropriations for the operation of such utility during the ensuing fiscal year, which need not be itemized further than by principal objects of expenditure. He shall also at the same time submit any ordinance changing the rates to be charged by the utility, used in estimating receipts. The council shall have the same powers and be subject to the same limitations with regard to the adoption of such utility budgets and accompanying appropriation and rate ordinances, subject to the provisions of the said Chapter 13 as are conferred or imposed on it by section 6.10 with regard to the general fund budget and its accompanying appropriation and revenue ordinances. If, for any reason, the council fails to adopt the utility budgets or any of them before the expiration of the time set for the adoption of the general fund budget, such budget or budgets in effect for the previous fiscal year shall be the utility budget or budgets on a monthly basis beginning on the first day of July until the utility budgets or budgets shall be adopted by the council. When such utility budgets and accompanying appropriation ordinances are adopted, they shall be certified to the director of finance with like effect as in the case of the general budget and its appropriation ordinance.