2118                               Municipal Charters

fiscal year covered by the budget, and which shall compare these figures

with the corresponding figures of the last completed year and the year
in progress;

Part II shall contain (1) detailed estimates of all proposed expendi-
tures; showing the corresponding expenditures for each item for the

current year and the last preceding fiscal year with explanations of

increases or decreases recommended as compared with appropriations for
the current fiscal year; (2) detailed estimates of anticipated revenues
and other income; (3) delinquent taxes, if any, for current and preceding
years, with percentages collectible; (4) statements of the bonded and
other indebtedness of the city government, showing the debt redemption
and interest requirements, the debt authorized and unissued, the condition
of the sinking funds, if any, and the borrowing capacity of the city;

               Part III shall contain complete drafts of the budget ordinances,

including an appropriation ordinance and such other ordinances as may
be required to finance the budget.]

[40 50. Same; preparation, adoption

At least ninety days prior to the beginning of the fiscal year the

offices and agencies of the city government shall transmit estimates of
their budgetary requirements to the Treasurer, who shall prepare a budget
for the Manager in the form required by Section 767 of this charter. The

Manager shall transmit this budget to the Council at least sixty days

before the beginning of the fiscal year. The Council shall arrange for

and hold at least one public hearing on the budget during the period of

its consideration. The Council may revise, alter, increase, or decrease the

items of the budget, provided that when it shall increase the total pro-

posed expenditures, it shall also increase the total anticipated income so

that the total means of financing the budget shall at least equal in amount
the aggregate proposed expenditures. When the Council shall make such

changes it shall issue a statement setting forth clearly its action on the
budget. At least twenty days before the beginning of the fiscal year. The
Council shall approve the budget plan and shall enact the appropriation
ordinance.]

40-48. Submission of budget.

At or before the first Council meeting in April of each year, the
Manager shall submit to the Council a budget for the ensuing fiscal year
and an accompanying message.

40-49. Budget message.

The Manager's message shall explain the budget both in fiscal terms
and in terms of the work programs. It shall outline the proposed financial
policies of the city for the ensuing fiscal year, describe the important
features of the budget, indicate any major changes from the current year
in financial policies, expenditures, and revenues together with the reasons
for such changes, summarize the city's debt position and include such other
material as the Manager deems desirable.

40-49A. Budget.

The budget shall provide a complete financial plan of all city funds
and activities for the ensuing fiscal year and, except as required by law of
this charter, shall be in such form as the Manager deems desirable or the
Council may require. In organizing the budget the Manager shall utilize
the most feasible combination of expenditure classification by fund, orga-