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TOWN OF MOORESVILLE <br />RESOLUTION NO: 30-2021 <br />A RESOLUTION ADOPTING A BUDGETARY PROCESS POLICY <br />WHEREAS, the Town of Mooresville (the "Town") is a political subdivision <br />existing under the provisions of Ind. Code § 36-4-1, et. seq.; <br />WHEREAS, the Mooresville Town Council (the "Council") is the fiscal body of <br />the Town; <br />WHEREAS, each year the Council must review and adopt a budget for the <br />following fiscal year; <br />WHEREAS, the Council believes it to be in the best interest of the Town to <br />memorialize the budgetary process to ensure accuracy, efficiency, and transparency. <br />NOW, THEREFORE, BE IT RESOLVED by the Mooresville Town Council as <br />follows: <br />occur: <br />1. On or before August 15 of each calendar year, the following shall occur: <br />• All department heads for the Town shall submit proposed budgets and <br />capital improvements plans for the following calendar year to the Town <br />Clerk -Treasurer; <br />• The Clerk -Treasurer shall ensure the proposed annual budget for the <br />current year is available in accordance with Ind. Code § 5-14-3, et. al., if <br />requested; <br />• The proposed initial budgets and capital improvements plans may be <br />reviewed by the Town's Clerk -Treasurer, approved financial adviser, and <br />if necessary, legal counsel, to ensure accuracy prior to the Budget <br />Workshop before the Town Council. <br />2. On or before September 15 of each calendar year, the following shall <br />1 <br />