7-6-4030. Final budget -- resolution -- appropriations. (1) The governing body may amend the preliminary budget after the public hearing and after considering any public comment.
(2) The amended budget constitutes the final budget. The final budget must be balanced so that appropriations do not exceed the projected beginning balance plus the estimated revenue of each fund for the fiscal year.
(3) The governing body shall adopt the final budget by resolution. The resolution must:
(a) authorize appropriations to defray the expenses or liabilities for the fiscal year; and
(b) establish legal spending limits at the level of detail in the resolution.
(4) The effective date of the resolution is July 1 of the fiscal year, even if the resolution is adopted after that date.
History: En. Sec. 26, Ch. 278, L. 2001.
Structure Montana Code Annotated
Chapter 6. Financial Administration and Taxation
Part 40. Local Government Budget Act
7-6-4001. Short title -- applicability
7-6-4003. Budget and levies supplied to department of administration
7-6-4004. Budget fund structure
7-6-4005. Expenditures limited to appropriations
7-6-4006. Appropriation power -- requirements
7-6-4007. through 7-6-4010 reserved
7-6-4011. Use of bond proceeds and borrowed money
7-6-4012. Fee based budgets -- adjustable appropriation
7-6-4013. Fees for services -- hearing and resolution
7-6-4014. Restriction on tax-financed expenditures if voter approval required
7-6-4015. Payments for judgments
7-6-4016. through 7-6-4019 reserved
7-6-4020. Preliminary annual operating budget
7-6-4021. Notice of preliminary or amended budget
7-6-4022. District court budgets
7-6-4024. Hearing on preliminary budget
7-6-4025. Receipt and expenditure of money prior to adoption of final budget
7-6-4026. through 7-6-4029 reserved
7-6-4030. Final budget -- resolution -- appropriations
7-6-4031. Budget amendment procedures
7-6-4032. Emergency expenditures
7-6-4033. Expenditure limitation
7-6-4034. Determination of fund requirements -- property tax levy
7-6-4035. Tax levies for boards and commissions -- bond exemption
7-6-4037. Cause of action -- failure to adopt or submit an annual operating budget