What is the difference between Operating and Capital Budgets?

The Operating Budget is a plan of financial operation embodying an estimate of proposed revenues and expenditures for the fiscal year. The Capital Budget is a plan of proposed capital expenditures for buildings, parks, utilities, etc. and their financing sources. 

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1. When are the Operating and Capital Improvement Budgets presented to City Council?
2. Do the budgets run on a calendar year or fiscal year?
3. What is the difference between Operating and Capital Budgets?
4. How can I view the Operating and Capital Improvement budgets?