ARTICLE VII
FINANCES--TAXATION AND DEBT
7.01: Fiscal Responsibility
The laws of Ohio relating generally to taxes, budgets, appropriations,
deposits, expenditures, debts, bonds, contracts and other fiscal matters
shall be applicable to the City except as modified by the provisions of
this charter.
SECTION 7.02: Five Year Capital Improvement Plan
The City Manager shall prepare and submit to the Council a five (5) year
capital program before April 1st of each year. Such program shall be
advisory only. The Capital Program shall include:
- A clear general summary of its contents;
- A list of all capital improvements which are proposed to be
undertaken during the five (5) fiscal years next ensuing, with
appropriate supporting information as to the necessity for such
improvements;
- Cost estimates, method of financing and recommended time schedules
for such improvements; and
- The estimated annual cost of operating and maintaining the facilities
to be constructed or acquired.
The above information may be revised and extended each year with regard
to capital improvements still pending or in process of construction or
acquisition. Capital improvements appropriation can be made only by
ordinance authorization of City Council.
SECTION 7.03: Illegal and Prohibited Transactions
Any authorization of payment or incurring of obligation in violation of
the provisions of this charter shall be void and any payment so made,
illegal; such action shall be cause for removal of any officer who
knowingly authorized or made such payment, or incurred such obligation,
and he shall be liable to the City for any amount so paid.
ARTICLE VIII - PERSONNEL
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