Finance

These financial statements are presented for convenience and information purposes only, and while reasonable efforts have been made to insure the integrity of such information, they should not be relied on.  A copy of the printed financial statements will be provided on request.

The budget development schedule is approved by City Council by the end of June each year. The budget process typically begins in July when Finance submits budget work sheets, including salary and fringe benefits cost, to each department and ends in December when, after deliberations and public input, Council officially adopts a final budget.

The City's budget is a financial operating plan setting out anticipated revenue and expenditures for accomplishing a variety of public services.  The process of creating the budget is concerned with developing an acceptable mix or balance between costs and services.  It ultimately represents City Council decisions 

The budget process is complete and the City of Homer has adopted the budget for 2010.

Chapter 3.05
BUDGET

Sections:

3.05.005 Budget assumptions.

3.05.010 Budget submission; contents.

The City form of government is designed to provide maximum local self-government

The City of Homer’s financial system involves the use of 25 funds.