Lake Wales (Current through Ordinance 2023-17, Adopted 7-05-2023) |
Charter |
Article VI. Financial Procedures |
§ 6.05. Capital program.
(a) Submission to commission. The manager shall prepare and submit to the commission a five-year capital program to coincide with the final date for submission of the annual budget.
(b) Contents. The capital program shall include:
(1) A clear general summary of its content;
(2) A list of all capital improvements which are proposed to be undertaken during the five fiscal years next ensuing, with appropriate supporting information as to the necessity for such improvements;
(3) Cost estimates, method of financing, and recommended time schedules for such improvements; and
The above information may be revised and extended each year with regard to capital improvements still pending or in process of construction or acquisition.
(Ord. No. 2011-01, § 1, 2-1-11; Ord. No. 21-08, § 1, 7-6-21)