City of Norris Public Notice Budget Procedures and Budget Meetings for the 2024-2025 Fiscal Year
Reference: TCA 6-56-206, budget estimates. This law also provides for a budget calendar, which is summarized below:
•January 2024 – Initial Preparation. City Manager will submit a calendar for the 2024-25 Budget. Department Heads and Appendage Boards/Commissions to receive capital, and O & M budget documents.
•February 2024 – Internal Preparation. City Manager will meet with Department Heads and Appendage Boards/Commissions to review current year spending and propose 2024-2025 spending and capital recommendations.
•March 2024 – Internal Finalization. City Manager will finalize internal plans with Department Heads and Appendage Boards/Commissions to submit a consolidated budget.
•April 8, 2024 – 5:00 p.m. Budget Workshop. City Manager will present budget assumptions to determine key drivers.
•April 15 ,2024 – 5:00 p.m. Budget Workshop. City Manager shall file a consolidated budget document with the Council Members in a budget workshop. Additional workshops may be scheduled at the discretion of Council.
•April 29, 2024 – 5:00 p.m. Budget Workshop. City Manager shall file a consolidated budget document with the Council Members in a budget workshop. Additional workshops may be scheduled at the discretion of Council.
•May 13, 2024 – 6:00 p.m. Council Meeting. The Council Members to review and adopt the annual Budget on first reading. Council Members shall also recommend a capital outlay plan. The Council Members shall review a synopsis of the proposed budget and a statement of the tax rate required to finance the proposed budget.
•May 23, 2024 – Public Hearing Notice. The proposed budget and a notice of a Public Hearing shall be published in a newspaper having general circulation in the City.
•June 6, 2024 – 5:00 p.m. Public Hearing. Public Hearing on proposed 2024-2025 budget.
•June 10, 2024 – 6:00 p.m. Council Meeting. 2024-2025 Budget presented to Norris City Council for final reading of Ordinance