SB2702 amends the City of Charlotte's charter to update its code of ordinances, budget submission requirements, and municipal powers.

SB2702 amends the City of Charlotte's charter by updating its code of ordinances, requiring the Mayor to submit annual budgets to the City Council, and clarifying the city's powers. The Mayor must submit a proposed budget for the next fiscal year, showing revenue and expenditures for the preceding and current fiscal years, and estimated revenue and expenditures for the next fiscal year. The budget must also include a comparative statement of the city's assets, liabilities, reserves, and surplus.

SB2702 amends the City of Charlotte's charter to update its code of ordinances, budget submission requirements, and municipal powers.

SB2702 amends the City of Charlotte's charter by updating its code of ordinances, requiring the Mayor to submit annual budgets to the City Council, and clarifying the city's powers. The Mayor must submit a proposed budget for the next fiscal year, showing revenue and expenditures for the preceding and current fiscal years, and estimated revenue and expenditures for the next fiscal year. The budget must also include a comparative statement of the city's assets, liabilities, reserves, and surplus.