Assessments of Needed Funds and Budget Accounts.
Oklahoma City Charter, art. VII, § 2
in effectSection 2. - Assessments of Needed Funds and Budget Accounts.
On or before the first Monday in July of each year, or at such other times as the Council may require, the heads of all departments shall prepare and submit to the Council and City Manager an estimate in writing of the amounts required for the business and proper conduct of their respective departments during the next ensuing fiscal year, specifying same and the objects thereof in detail.
On or before the last day of July of each year, or at such other times as the City Council may require, the City Manager shall submit to the Council an estimate in detail of the probable expenditure of the City Government for the next ensuing fiscal year, including amount needed to meet interest and sinking funds for outstanding bonded indebtedness, special assessments on City property and all other forms of indebtedness.
The City Council shall meet on the first Tuesday in July of each year, or at such other times as may be fixed by law, and shall, in the manner and within the time provided by the laws of the State and this Charter, prepare, publish and file with the County Excise Board a financial statement, showing the true fiscal condition of the municipality as of the close of the previous year, and an itemized statement of estimated needs, and probable income from sources other than ad valorem tax for the current fiscal year and such statements shall in all respects meet the requirements of the State law with respect thereto.
(Charter, 3-14-1911; am. 4-2-1957)
Source: City of Oklahoma City, Municipal Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/ok/oklahoma_city/codes/code_of_ordinances?nodeId=OKCH_ARTVIIRE_S2ASNEFUBUACFetched: 10/28/2026