The budget is among the City's most important documents produced. The budget expresses in dollar amount the City's work programs for the fiscal year. When adopted, it becomes a major source of direction for the department directors for the operation of the various functions and activities.
Pursuant to the Missouri Statutes, the annual budget must set forth a complete financial plan for the ensuing fiscal year, and must include at least the following information:
A budget message describing the important features of the budget and major changes from the preceding year
Estimated revenues to be received from all sources for the budget year, with a comparative statement of actual or estimated revenues for the two years next preceding, itemized by year, fund and source
Proposed expenditures for each department, office, commission, and other classifications for the budget year, together with a comparative statement of actual or estimated expenditures for the two years next preceding, itemized by year, fund, activity and object
The amount required for the payment of interest, amortization and redemption charges on debt