§ 29.8-6. Budget.

 The budget shall provide a complete financial plan of the Municipal funds and activities for the ensuing fiscal year. It shall be in such form as the Manager deems desirable or the Council shall require, and may utilize the most feasible combination of expenditure classification by fund, organization unit, program, purpose or activity, and object. The budget shall contain, inter alia, the following:

   a. It shall begin with a general summary of its contents.

   b. It shall show in detail all estimated income, indicating the existing and proposed tax levies, as well as other assessments, fees and charges.

   c. It shall show all proposed expenditures, including debt service, for the ensuing fiscal year.

   d. It shall show the number of proposed employees in every job classification, and the salaries for each such classification.

   e. It shall be so arranged as to show comparative figures for actual and estimated income and expenditures for the three (3) preceding fiscal years, and the projected income and expenditures for the current and ensuing fiscal year.

   f. It shall indicate proposed operating expenditures for the ensuing fiscal year, detailed by offices, departments, and agencies, in terms of their respective work programs and the methods of financing such expenditures.

   g. It shall indicate proposed capital expenditures during the ensuing fiscal year, detailed by offices, departments, and agencies and the proposed method of financing each such capital expenditure.

 The total of proposed expenditures shall not exceed the total of estimated income, including the surplus or deficit from the preceding year’s budget.