48-4232. Annual budget
A. Not later than June 30 each year the board of directors shall hold a public hearing to adopt and submit to the clerk of the county board of supervisors a budget for the following fiscal year which shall include:
1. Receipts during the past fiscal year.
2. Expenditures during the past fiscal year.
3. Estimates of amounts necessary for expenses during the following fiscal year including amounts proposed for:
(a) Costs of maintaining, operating and managing the stadium.
(b) Promotional and marketing expenses of the district for the following year.
4. Anticipated revenue to the district in the following fiscal year.
5. A complete asset and liability statement.
6. A statement of profit or loss from operations.
7. Cash on hand as of the date the budget is adopted and the anticipated balance at the end of the current fiscal year.
8. An itemized statement of commitments, reserves and anticipated obligations for the following fiscal year.
B. The board may amend the budget on a finding of good cause.
Section: Previous 48-4202 48-4203 48-4204 48-4205 48-4231 48-4231.01 48-4231.02 48-4232 48-4234 48-4235 48-4236 48-4237 48-4251 48-4252 48-4253 NextLast modified: October 13, 2016