(1) Pursuant to RCW 35A.34.130, the city council hereby provides for a mid-biennial review and modification of the fiscal biennium budget.
(2) No sooner than eight months after the start of the first year of the fiscal biennium, nor later than the first regularly schedule city council meeting in November of the first year of each fiscal biennium, if appropriate, the city administrator shall prepare a proposed budget modification and shall provide for publication of notice of hearings consistent with publication of notices for adoption of other City ordinances. The city administrator shall distribute such proposed budget modification to the members of the city council, which shall become a public record and copies shall be made available to the public upon request.
(3) A public hearing regarding the modification shall be advertised at least once and shall be held at a City Council meeting no later than the first Monday in December and may be continued from time-to-time. At the public hearing or thereafter, the city council may consider a proposed ordinance to adopt such modification as it deems appropriate. The ordinance adopting the modification shall be subject to the provisions of RCW 35A.34.120.
(4) A complete copy of the budget modification as adopted shall be transmitted to the state auditor, the Association of Washington Cities, and MRSC.