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<br /> Page 6 <br /> January 8, 1998 <br /> G) A rcv'cnue and expcn3C statcfnent for all types of bonds. <br /> <br /> (k) A deseriptiofi of aU bond issues outstanding, shoviÎfl:g rate of <br /> <br /> interest, date of issue, maturÎtJ date, amount authorized, amount issued and <br /> amount out3tanding. <br /> (1) A schedttlc of requirements for thc prineipw and interest of <br /> <br /> eaeh issue of bofid3. <br /> (m) The appropriation ordinancc. <br /> <br /> (n) The tax lc-v)'in:g ordinftl'iec. <br /> By June 30 of each year, after a public hearing, the city council shall formulate a policy <br /> statement to be used by the city manager as direction during the preparation of the 'Sftid <br /> proposed budget. <br /> ********** <br /> Rationale: The detailed requirements for the contents of the budget are best left to the <br /> Council to adopt in ordinance form, or to the City Manager. They should not be included <br /> in the Charter. <br /> 10. Amend Section 8.11 regarding reproduction of the annual budget as follows: <br /> Sec. 8.11. Effective date of budget; certification; copies made available. <br /> Upon final adoption, the budget shall be in effect for the fiscal year. A copy of the <br /> budget, as finally adopted, shall be filed with the city secretary and such other officials as <br /> may be designated by law. The final budget shall be printed, mimeographed or otherwise <br /> reproduced and copies shall be made available for the use of all offices, departments and <br /> agencies and for the use of interested persons and civic organizations. <br /> ********** <br /> Rationale: This change deletes outdated terminology. <br />