14-501.01. Biennial budget authorized.
71 words·~1 min read·
/ne/chapter-14/14-501-01A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A city of the metropolitan class may adopt biennial budgets for biennial periods if such budgets are provided for by a home rule charter provision. For purposes of this section:
(1)Biennial budget means a budget that provides for a biennial period to determine and carry on the city's financial and taxing affairs; and
(2)Biennial period means the two fiscal years comprising a biennium commencing in odd-numbered or even-numbered years.