Finance a. Section 8.01 – Fiscal year. b. Section 8.02 – Preparation and submission of budget. c. Section 8.03 – Anticipated revenues compared with other years in budget. d. Section 8.04 – Proposed expenditures compared with other years. e. Section 8.05 – Budget a public record. f. Section 8.06 – Notice of public hearing on budget. g. Section 8.07 – Public hearing of budget. h. Section 8.08 – Amendment before adoption. i. Section 8.09 – Vote required for adoption. j. Section 8.10 – Date of final adoption. k. Section 8.11 - Effective date of budget; certification; public availability. l. Section 8.12 – Budget established appropriations. m. Section 8.13 – Budget established amount to be raised by property tax. n. Section 8.14 – Contingent appropriation. o. Section 8.15 – Estimated expenditures shall not exceed estimated resources. p. Section 8.16 – Emergency appropriations. q. Section 8.17 – Purchase procedure. r. Section 8.18 – Disbursement of funds. s. Section 8.19 – Power to tax. t. Section 8.20 – Property subject to tax; rendition; appraisal and assessment. u. Section 8.21 – Taxes, when due and payable. v. Section 8.22 – Tax liens. w. Section 8.23 – Tax remission and discounts. x. Section 8.24 – Issuance of bonds. No changes were recommended to Section 8.01 through 8.24, except Section 8.06. The Commission recommends that Section 8.06 be amended by: Inserting “in compliance with state law.” In reference to publication requirements, such as those involving newspaper notices Commissioner Spiegelhauer recommended adding a new section 8.25 to require monthly financial reports to Council. May be included in the Charter Review Report. Agenda Item #A. Charter Review Commission - May 21 2025 3

Bastiat Liberty & Property Rights Analysis

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 2.1/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).