Each year, prior to levying the annual assessment authorized under this chapter, the City Council shall cause to be prepared and filed with the City Clerk an annual written statement setting forth as nearly as possible the use to which the funds, resulting from the assessment levied the previous year, have been and are being put. The statement shall also set forth the expected uses of the assessment proposed to be levied for the next fiscal year and shall set forth the proposed amount of the assessment on each parcel subject to the method of assessment and limitation on assessment of the final report. The City Council may accept the annual written statement or may set a public hearing thereon. If a hearing is set by the Council, the City Clerk shall cause notice of the filing of the annual written statement and of the time, date, and place of hearing thereon to be published pursuant to Section 6066 of the California Government Code and to be posted in at least one public place within the City. Following the hearing, the City Council may confirm or reduce (but may not increase) the assessment proposed in the annual written statement, any reduction to be subject to the method of assessment from the final report, and as so determined may levy the assessment by resolution. (Ord. 6442-NS § 13, 1998: Ord. 6129-NS § 14, 1992)