AB193,39 Section 39 . 65.20 (1) (a) of the statutes is amended to read:

AB193,13,23 65.20 (1) (a) The functions of the board of estimates relating to the preparation of the city budget are permanently transferred to the mayor who shall prepare the proposed budget and present it to the common council. The budget presented by the mayor shall be called the “executive budget" and its contents shall comply with the requirements of ss. 65.02 to 65.04 in all respects, consistent with any variation that is necessary due to the common council having adopted a biennial budget procedure under s. 65.025.

AB193,40 Section 40 . 65.20 (1) (b) of the statutes is amended to read:

AB193,14,6 65.20 (1) (b) Each department shall submit to the mayor not later than the 2nd Tuesday in May of each year budget period on forms approved by the budget director an estimate in detail of the department's needs for the ensuing fiscal year budget period, including a statement of any permanent improvements to be made and an estimate of expenditures therefor, and including such information supplied in such form as the mayor requests.

AB193,41 Section 41 . 65.20 (1) (c) of the statutes is amended to read:

AB193,14,13 65.20 (1) (c) Any department whose funds are not subject to the control of the common council may include in its estimate such sum as it deems reasonably necessary for a contingent fund for emergency purposes or other purposes which may arise during the year budget period requiring the expenditure of money in addition to the sums provided for the several purposes or for purposes for which no express provision is made in the budget.

AB193,42 Section 42 . 65.20 (1) (d) of the statutes is amended to read:

AB193,14,23 65.20 (1) (d) The mayor shall hold hearings with respect to departmental requests at the times and places the mayor or the common council, by ordinance, directs. All hearings shall be open to the public. The mayor shall conduct the hearings in the manner in which the mayor determines best suited to fulfilling the purpose of the hearings. The For each budget period, the mayor shall prepare a requested budget summary which shall be published at least once prior to the commencement of the hearings in the newspaper having the largest circulation in the city. A complete copy of the entire requested budget shall be made available for public inspection in the office of the city clerk.

AB193,43 Section 43 . 65.20 (1) (e) of the statutes is amended to read:

AB193,15,14 65.20 (1) (e) From the estimates before him or her, the mayor shall make and submit to the common council, on or before September 28 each year budget period, a proposed budget setting forth in detail the amounts proposed to be spent by each department and the various purposes therefor and the amounts of money for each purpose it is proposed shall be appropriated by the council. The proposed budget shall comply with s. 65.02 (5) to (11). The proposed budget summary shall be published forthwith in at least one and not more than 2 daily newspapers having the largest circulation in the city as a class 1 notice, under ch. 985, and the proposed budget summary shall be printed forthwith in the proceedings of the common council. A complete copy of the entire proposed budget shall be made available for inspection in the office of the city clerk. If any department fails to file its estimates as provided in this section, the mayor shall make a proposed budget for the department specifying the purposes for which and the amount of funds the department may expend.

AB193,44 Section 44 . 65.20 (1) (g) of the statutes is amended to read:

AB193,15,21 65.20 (1) (g) In addition to the purposes required to be set forth in detail, the mayor may provide a contingent fund for such sum as the mayor deems reasonably necessary for emergency and other purposes that may arise during the year budget period requiring the expenditure of money in addition to the sums provided for the several purposes, and for purposes for which no express provision is made in the budget.

AB193,45 Section 45 . 65.20 (1) (h) of the statutes is amended to read:

AB193,16,2 65.20 (1) (h) The mayor shall also include in the proposed budget the amount of bonds and the purposes for them, to be issued during the fiscal year budget period, except such bonds as are authorized to be omitted by express provision of law. Bonds authorized to be omitted include bonds issued for the purpose of refunding prior indebtedness of the city.

AB193,46 Section 46. 65.90 (1) of the statutes is amended to read:

AB193,16,11 65.90 (1) Unless otherwise provided, in this section, “ municipality" means each county other than counties having a population of 750,000 or more, each city, excepting cities of the 1st class, village, town, school district, technical college district and all other public bodies that have the power to levy or certify a general property tax or budget. Every Except as provided in sub. (1m), every municipality shall annually, prior to the determination of the sum to be financed in whole or in part by a general property tax, funds on hand or estimated revenues from any source, formulate a budget and hold public hearings thereon.

AB193,47 Section 47. 65.90 (1m) of the statutes is created to read:

AB193,16,16 65.90 (1m) (a) 1. For purposes of adopting and implementing a biennial budget as described in this subsection, “municipality” means a county other than a county having a population of 750,000 or more; a city other than a city of the 1st class; a village; or a town.

AB193,16,21 2. A municipality may adopt a biennial budget by implementing the procedures under this subsection and using the procedures under this section. If a municipality chooses to adopt a biennial budget, it shall adopt such a budget in an odd-numbered year for the next 2 fiscal years that follow immediately the year in which the budget is adopted.

AB193,17,2 3. For any municipality to proceed under this subsection, the governing body of the municipality must adopt a resolution or enact an ordinance stating its intent to adopt a biennial budget. Once a resolution is adopted or an ordinance is enacted, such an action takes effect and may not be reconsidered or repealed, except as provided in subd. 4.

AB193,17,6 4. The governing body of a municipality that has adopted a biennial budget procedure as provided in this subsection may return to the use of an annual budget procedure if the governing body, by a two-thirds majority vote, adopts a resolution or enacts an ordinance stating its intent to adopt an annual budget.

AB193,48 Section 48. 65.90 (2) of the statutes is amended to read:

AB193,17,17 65.90 (2) Such An annual or biennial budget shall list all existing indebtedness and all anticipated revenue from all sources during the ensuing year budget period and shall likewise list all proposed appropriations for each department, activity and reserve account during the said ensuing year that period. Such budget shall also show actual revenues and expenditures for the preceding year, actual revenues and expenditures for not less than the first 6 months of the current year and estimated revenues and expenditures for the balance of the current year or, in the case of a biennial budget, for the balance of the period to which the budget applies. Such budget shall also show for informational purposes by fund all anticipated unexpended or unappropriated balances, and surpluses.

AB193,49 Section 49. 65.90 (3) (a) (intro.) of the statutes is amended to read:

AB193,17,23 65.90 (3) (a) (intro.) A summary of the budget required under sub. (1) or authorized under sub. (1m) and notice of the place where the budget in detail is available for public inspection and notice of the time and place for holding the public hearing thereon shall be published as a class 1 notice, under ch. 985, in the municipality at least 15 days prior to the time of the public hearing except that:

AB193,50 Section 50. 65.90 (3) (a) 1. of the statutes is amended to read:

AB193,18,4 65.90 (3) (a) 1. In towns a summary of the budget required under sub. (1) or authorized under sub. (1m) and notice of the time and place of the public hearing thereon shall be posted in 3 public places at least 15 days prior to the time of the public hearing.

AB193,51 Section 51. 65.90 (3) (b) (intro.) of the statutes is amended to read:

AB193,18,9 65.90 (3) (b) (intro.) Any budget summary required under par. (a) shall include all of the following for each fiscal year of the proposed budget and the budget in effect, and shall also include the percentage change between the budget of the current year and each fiscal year of the proposed budget: