§ 6.02. Annual budget.

The annual budget must specify appropriations for capital expenditures and for expenditures directed by council for services and for the operation of the city. It must comply with fund requirements of bond covenants. City department directors and officers shall submit budget requests for the next fiscal year to and as directed by the city manager for review and consolidation. The city manager shall submit a proposed annual budget to the council at least forty-five (45) days prior to the end of each fiscal year.

Before taxes are levied, but after a public hearing or hearings, [the] council shall adopt an annual budget. [The] council may amend the proposed budget, but shall not delete or decrease appropriations required for debt service, and shall not authorize expenditures in excess of the total of estimated income plus funds available from earlier years.

If the council fails to adopt an annual budget before the start of the fiscal year to which it applies, appropriations of the last budget adopted shall be considered as adopted for the current fiscal year on a month to month, pro rata basis until the annual budget is adopted.

State law reference

Municipal budget, V.T.C.A., Local Government Code ch. 102.