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<br />-- <br /> <br />e <br /> <br />which shall describe the important features of the budget plan and by a general <br />summary wherein shall be set forth the.: aggregate features of the budget in -such <br />manner as to show the balanced relations between the total proposed expenditmes <br />and the total anticipated income or other means of financing the proposed budget <br />for the ensuing fiscal year, as contrasted with the corresponding figures for the last <br />completed fiscal year and the current fiscal year. It shall be 'supported, by <br />explanatory schedules or statements classifying the expenditures contained therein <br />by services, subjects and funds. The anticipated income of the District shall be <br />classified according to the nature of receipts. <br /> <br />d. Notice of Budl!et. Upon receipt of the proposed budget, the <br />Board shall cause to be published a notice that the proposed budget is open for" <br />inspection by the public at the business office; that the Board will consider the <br />adoption of the proposed budget at a public hearing on a certain date; and that any <br />interested elector may inspect the proposed budget and file or register any <br />objections thereto at any time prior to its final adoption. Notice shall be posted or <br />published in substantial compliance With law. . - <br /> <br />e. Adoption of Budeet. On the day set for consideration of such <br />proposed budget, the Board shall review the proposed budget and revise, alter, <br />increase or decrease the items as it deems necessary in view of the needs of the <br />District and the probable income of the District. The Board shall then adopt a <br />budget setting forth the expenditures to be made in the ensuing fiscal year. The <br />Board shall provide for sufficient revenues to finance expenditures in the budget <br />with special consideration given to the proposed property tax levy. <br /> <br />f. Levv and Collection of Taxes. On or before December 15th of <br />each year, unless an election for an increased operating tax levy is held, the Board <br />shall certify to the Board of County Commissioners of the County in which the <br />District was formed the mill levy established for the ensuing fiscal year, in order <br />that, at the time and in the manner required by law for the leVying of taxes, such <br />Commissioners will levy such tax upon the assessed valuation of all taxable <br />property within District. <br /> <br />g. Filint! of Bud2et. On or before January 30th of each year, the <br />Board shall cause a certified copy of such budget to be filed with the Division of <br />Local Government in the State Department of Local Affairs. <br /> <br />h. ApDropriatin~ Resolution. <br /> <br />10 <br />