50-1002. ANNUAL BUDGET. (1) The city council of each city shall, prior to passing the annual appropriation ordinance, prepare a budget estimating the probable amount of money necessary for all purposes for which an appropriation is to be made, including interest and principal due on the bonded debt and sinking fund, itemizing and classifying the proposed expenditures by department, fund, or service, as nearly as may be practicable, and specifying any fund balances accumulated under section 50-1005A, Idaho Code. To support such proposed expenditure, the council shall prepare an estimate of the total revenue anticipated during the ensuing fiscal year for which a budget is being prepared classifying such receipts by source as nearly as may be possible and practicable, said estimate to include any surplus not subject to the provisions of sections 50-1004 and 50-1005A, Idaho Code, nor shall said estimated revenue include funds accumulated under section 50-236, Idaho Code. The proposed budget for the ensuing fiscal year shall list expenditures and revenues during each of the two (2) previous fiscal years by fund and/or department. Following tentative approval of the revenues and expenditures estimated by the council, the same shall be entered at length in the journal of proceedings. Prior to certifying to the county commissioners, a notice of time and place of public hearing on the budget, which notice shall include the proposed expenditures and revenues by fund and/or department, including the two (2) previous fiscal years, and a statement of the estimated revenue from property taxes and the total amount from sources other than property taxes of the city for the ensuing fiscal year, shall be published twice at least seven (7) days apart in the official newspaper. At said hearing, any interested person may appear and show cause, if any, why such proposed budget should or should not be adopted.
(2) Upon notification by the state controller, budget information shall conform to the standards established in the uniform accounting manual for local governmental entities pursuant to section 67-1075, Idaho Code.
History:
[50-1002, added 1967, ch. 429, sec. 162, p. 1249; am. 1972, ch. 22, sec. 1, p. 27; am. 1976, ch. 45, sec. 2, p. 123; am. 1981, ch. 318, sec. 3, p. 664; am. 1994, ch. 89, sec. 1, p. 206; am. 2021, ch. 89, sec. 16, p. 309.]
Structure Idaho Code
Title 50 - MUNICIPAL CORPORATIONS
Section 50-1001 - FISCAL YEAR.
Section 50-1002 - ANNUAL BUDGET.
Section 50-1004 - SPECIAL TAX ASSESSMENT — WARRANT REDEMPTION FUND.
Section 50-1005A - ACCUMULATION OF FUND BALANCES.
Section 50-1006 - EXPENDITURES NOT TO EXCEED APPROPRIATION — EXCEPTIONS.
Section 50-1007 - CERTIFICATION AND COLLECTION OF CITY TAXES.
Section 50-1008 - COLLECTION OF SPECIAL ASSESSMENTS — CERTIFICATION TO TAX COLLECTOR.
Section 50-1010 - AUDIT OF CITY FINANCES — AUDIT TO BE FILED.
Section 50-1011 - PUBLICATION OF FINANCIAL STATEMENTS — NONCOMPLIANCE.
Section 50-1013 - DEPOSIT AND INVESTMENT OF FUNDS.
Section 50-1013A - INVESTMENT OF DEPOSITS OF DEFERRED COMPENSATION PLANS.
Section 50-1014 - TRANSFER OF FUNDS.
Section 50-1015 - DISPOSITION OF LICENSE FEES AND FINES.
Section 50-1015A - DISPOSITION OF PARKING FEES AND FINES.
Section 50-1016 - DEDUCTIONS FROM WAGES.
Section 50-1017 - PRESENTATION OF CLAIMS.
Section 50-1018 - PAYMENT OF CLAIMS.
Section 50-1019 - PURPOSES FOR WHICH BONDS MAY BE ISSUED — LIMITATION ON AMOUNT.
Section 50-1020 - WATERWORKS — LIGHT AND POWER PLANTS — SEWERAGE SYSTEMS.
Section 50-1021 - PREVIOUS ISSUES VALIDATED.
Section 50-1022 - JOINT SERVICES.
Section 50-1023 - JOINT SERVICES — AGREEMENT ON APPORTIONMENT.
Section 50-1024 - JOINT SERVICES — BOND ELECTION IN EACH CITY.
Section 50-1025 - JOINT SERVICES — COMMITTEE FOR CONSTRUCTION OR PURCHASE.
Section 50-1026 - CITY BONDS — ORDINANCE — ELECTION.
Section 50-1026A - CITY BONDS — PLEDGE OF REVENUES.
Section 50-1027 - REVENUE BONDS — SHORT TITLE.
Section 50-1028 - GRANT OF AUTHORITY.
Section 50-1029 - DEFINITIONS.
Section 50-1031 - SUPERVISION OF PROJECTS.
Section 50-1032 - PROJECTS TO BE SELF-SUPPORTING.
Section 50-1033 - USE OF PROJECTS — REVENUE.
Section 50-1034 - PRELIMINARY EXPENSES.
Section 50-1035 - ORDINANCE PRIOR TO CONSTRUCTION — ELECTION.
Section 50-1036 - BONDS — FORM — CONDITIONS — BOND ANTICIPATION NOTES.
Section 50-1037 - BONDS — ISSUANCE — TERMS — CONDITIONS.
Section 50-1038 - VALIDITY OF BONDS.
Section 50-1039 - LIEN OF BONDS.
Section 50-1040 - CITY NOT LIABLE ON BONDS.
Section 50-1041 - TAX LEVY TO PAY BONDS PROHIBITED.
Section 50-1042 - PROJECTS AND BONDS EXEMPT FROM TAXATION.
Section 50-1043 - SHORT TITLE.
Section 50-1045 - CITY PROPERTY TAX RELIEF FUND.
Section 50-1046 - CITY LOCAL-OPTION NONPROPERTY TAXES PERMITTED BY SIXTY PER CENT MAJORITY VOTE.
Section 50-1047 - GENERAL PROVISIONS.
Section 50-1048 - COORDINATION WITH COUNTY LOCAL-OPTION NONPROPERTY TAXES.