What is the role of the governing body in a municipality concerning the budget?

The governing body of a municipality, which typically includes elected officials such as a city council or board of supervisors, plays a crucial role in the budget process primarily by proposing and approving the budget. This responsibility encompasses several key functions:

1. Proposal: The governing body is often involved in deliberations about the budget's priorities and overall direction based on community needs, revenue forecasts, and policy goals. They gather input from various stakeholders, including department heads and community members, to draft a budget that reflects the objectives of the municipality.

2. Approval: Once the budget is proposed, the governing body must review it in detail, potentially making amendments based on discussions and feedback. Ultimately, their approval is essential for the budget to be enacted, ensuring that the municipality's financial resources are allocated in alignment with its strategic goals and priorities over the upcoming fiscal year.

This dual role of proposing and approving the budget positions the governing body as a key player in both the strategic planning and accountability aspects of municipal finance management.