§ 5.05. City Council Action on Budget.

(a) Notice and Hearing. The City Council shall publish in one or more newspapers of general circulation in the City the general summary of the budget and a notice stating:

(1) The times and places where copies of the message and budget are available for inspection by the public; and

(2) The time and place, not less than two weeks after such publication, for a public hearing on the budget.

(b) Amendment Before Adoption. After the public hearing, the City Council may adopt the budget with or without amendment. In amending the budget, it may add or increase programs or amounts and may delete or decrease any programs or amounts, except expenditures required by law or for debt service or for an estimated cash deficit, provided that no amendment to the budget shall increase the authorized expenditures to an amount greater than total estimated income.

(c) Adoption. The City Council shall adopt a budget on or before the fifteenth day preceding the last day of the twelfth month of the fiscal year currently ending. If it fails to adopt a budget by this date, the budget proposed by the City Manager shall go into effect as an interim or temporary budget provided it does not violate this Charter or State law.