Title
Removing Dock and Market House Enterprise Funds - For the purpose of removing the requirement that the annual budget shall contain separate Dock and Market House enterprise fund groups.
Body
CITY COUNCIL OF THE
City of Annapolis
Ordinance 19-17
Introduced by: Alderman Budge
Referred to
Finance Committee
AN ORDINANCE concerning
Removing Dock and Market House Enterprise Funds
FOR the purpose of removing the requirement that the annual budget shall contain separate Dock and Market House enterprise fund groups.
BY repealing and re-enacting with amendments the following portions of the Code of the City of Annapolis, 2016 Edition
6.16.010
WHEREAS, the Fiscal 2017 Annual Operating Budget adopted by the Annapolis City Council on June 20, 2016 consolidated the Dock Fund and the Market House Fund into the General Fund.
NOW, THEREFORE,
SECTION I: BE IT ESTABLISHED AND ORDAINED BY THE ANNAPOLIS CITY COUNCIL that the Code of the City of Annapolis shall be amended to read as follows:
TITLE 6 - REVENUE AND FINANCE
Chapter 6.16 - BUDGET
Section 6.16.010 - Annual City budget.
A. The Mayor shall submit the proposed annual operating budget, including the impact of any labor negotiations that are ready for City Council review under Section 3.32.060, to the City Council at the first council meeting in April of each year. Upon introduction, the budget shall be referred to the Finance Committee, which shall review and may make recommendations with regard to the budget and shall submit the budget, together with any recommendations, to the City Council not later than the second Monday in May of each year; and to the Financial Advisory Commission to provide a recommendation to the City Council on the annual operating budget.
B. The annual operating budget adopted by the City Council shall provide a complete financial plan for the fiscal year and shall contain estimates of anticipated revenues and proposed expenditures. The budget shall be divided into the foll...
Click here for full text