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SALT LAKE CITY ORDINANCE
No. 44 of 2003
(Adopting the revised tentative budget for the Library Fund
of Salt Lake City, Utah for fiscal year 2003-2004)
AN ORDINANCE ADOPTING THE REVISED TENTATIVE BUDGET FOR THE LIBRARY FUND OF SALT LAKE CITY, UTAH FOR FISCAL YEAR 2003-2004.
PREAMBLE
Pursuant to the provisions of Section 10-6-111 of the Utah Code Annotated, the City Budget Officer prepared and filed with the City Council a tentative budget in proper form for all funds for which budgets are required by said law, including the budget for the Library Fund, for fiscal year 2003-2004. The tentative budget was accompanied by a budget message as required by law.
The tentative budget, including the budget for the Library Fund, was adopted by the City Council in Resolution No. 17 of 2003, on May 6, 2003.
Section 10-6-118 of the Utah Code Annotated requires that before the 22nd day of June of each fiscal year or, August 17, in case of a property tax increase under Sections 59-2-919 through 59-2-923 of the Utah Code Annotated, the governing body shall, by resolution or ordinance, adopt a budget for the ensuing fiscal year for each fund for which a budget is required. The Utah State Tax Commission has granted the City an extension of the June 22 deadline, through June 25, 2003.
Section 59-2-923 of the Utah Code further provides that a municipality which intends to exceed the certified tax levy may not adopt a final budget until the required public hearing has been held. However, the City may expend funds prior to the adoption of a final tax rate and a final budget, based upon a tentative budget adopted by the City.
The City budget officer, based upon input received from the City Council, has now prepared a revised tentative budget for the Library Fund, in proper form.
NOW, THEREFORE, be it ordained by the City Council of Salt Lake City:
SECTION 1. PURPOSE. The purpose of this ordinance is to adopt the revised tentative budget for the Library Fund, for fiscal year 2003-2004. All conditions precedent to the adoption of the final budget for the Library Fund have been accomplished.
SECTION 2. ADOPTION OF BUDGET. The budget attached hereto and made a part of this Ordinance, shall be, and the same hereby is adopted as the revised tentative budget for the Library Fund of the City for the fiscal year beginning July 1, 2003 and ending June 30, 2004, in accordance with the requirements of Sections 10-6-105, 10-6-118 and 59-2-923 of the Utah Code Annotated. The revised tentative budget for the Library Fund is subject to the approval of the Mayor and reconsideration of the City Council pursuant to Section 10-3-1214 of the Utah Code Annotated. In accordance with the requirements of Utah law, the final budget for the Library Fund will be adopted prior to August 17, 2003, at the same time that the City adopts the final rate of tax levy.
SECTION 3. FILING OF BUDGET. The City Budget Officer is hereby authorized and directed to certify and file copies of said revised tentative budget with the State Auditor as required by Section 10-6-118 of the Utah Code Annotated.
SECTION 4. PUBLIC INSPECTION. The City Budget Officer is hereby authorized and directed to certify and file copies of said revised tentative budget in the office of said Budget Officer and in the Office of the City Recorder, which budget shall be available for public inspection during regular business hours as required by Section 10-6-119 of the Utah Code Annotated.
SECTION 5. EFFECTIVE DATE. This Ordinance shall take effect on July 1, 2003.
Passed by the City Council of Salt Lake City, Utah, this 24th day of June, 2003.
Bill No. 44 of 2003.
Published: July 9, 2003.