THEODORE R. MCKELDIN, GOVERNOR 1495

66. Public Utilities. The anticipated revenues and
proposed expenditures and anticipated surplus of water
and sewer operations and any other public utilities owned
or operated by the city shall be stated in a separate section
of the budget.

67. Expenditures. The proposed expenditures shall be
itemized in such form and to such extent as shall be pro-
vided by law or, in the absence of such provision, by regu-
lations established by ordinance. Separate provision shall
be included in the budget for at least:

(a) Interest, amortization, and redemption charges on
the public debt for which the faith and credit of the city
is pledged.

(b) Other statutory expenditures.

(c) The payment of all judgments.

(d) An amount equal to the aggregate of all emergency
notes which it is estimated will be outstanding at the end
of the current year.

(e) An amount equal to the deficit for operations of
water and sewer and other public utilities during the last
completed fiscal year, separately stated for each utility
which appears in a separate section of the budget.

(f) Administration, operation, and maintenance of each
office, department, or agency of the city itemized by char-
acter and object of expenditure.

(g) Contingent expense in an amount of not more than
three per cent (3%) of the total proposed expenditures.

(h) Expenditures proposed for capital projects.

68. Expenditure Figures for Previous Years. In
parallel columns opposite the several items of proposed
expenditures, there shall be placed the amount of each such
item in the budget of the last completed fiscal year, the
amount of such items actually expended during the last
completed fiscal year, the amount of each such item in the
budget of the current fiscal year, and the amount actually
expended to the time of preparing the budget plus the
expenditures for the remainder of the current fiscal year
estimated as accurately as may be.

69. Budget Summary. At the head of the budget there
shall appear a summary of the budget, which need not be
itemized further than by principal sources of revenue and