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As recommended in SR 154-86 and pursuant to RCW 35.34.040, the city council establishes a two-year biennium budget for the city of Vancouver, beginning with the two-year biennium which begins January 1, 1987. The 1987-1988 biennial budget and all subsequent budgets shall be prepared, considered and adopted under the provisions of RCW Chapter 35.34 and of this chapter. As permitted by RCW 35.34.070, the proposed preliminary budget shall be submitted to the city council no later than October 15th for the ensuing biennium. (Ord. M-2616 §1, 1986)