Sec. 17. Budget; levy of taxes.
At least thirty days prior to the time when the annual tax levy
or any part thereof is made, the council shall cause to be prepared
a budget containing a complete itemized and classified
plan of all proposed expenditures and all estimated revenues
and borrowing for the ensuing appropriation year. Opposite
each item of the proposed expenditures the budget shall show in
separate parallel columns, the amount appropriated for the preceding
appropriation year, the amount expended during that
year, the amount appropriated for the current appropriation year
and the increases and decreases in the proposed expenditures for
the ensuing year as compared to the appropriation for the current
year. This budget shall be accompanied by an itemized and
complete financial balance sheet at the close of the last preceding
appropriation year.
A brief synopsis of the budget shall be published in a newspaper
published in the city of Charlottesville and notice given of
at least one public hearing at least fifteen days prior to the date
set for the hearing, at which any citizen of the said city of Charlottesville
shall have the right to attend and state his views
thereon. After such hearing is had, the council shall by appropriate
order adopt and enter on the minutes thereof a synopsis of
a budget covering all expenditures for the next appropriation
year hereinbefore required. The said council shall order a city
levy of so much money as in its discretion shall be sufficient to
meet all just demands against the city.
