Prior to May fifteenth of each year after this article is effective, the secretary
of the district shall prepare a proposed budget to be submitted to the board for their
approval. The proposed budget shall include an estimate of all necessary expenditures
of the district for the next ensuing fiscal year and an estimate of income to the
district from the taxes and assessments provided in this article. The board shall
consider the proposed budget item by item and may either approve the budget as proposed
by the district manager or modify the same in part or in whole. The board shall indicate
their approval of the budget by resolution, which resolution shall provide for a hearing
on the budget as approved. Notice of the hearing on the budget shall be published
in a newspaper in general circulation within the district in Broward County, Florida,
once a week for two (2) consecutive weeks; providing that the second publication shall
not be less than seven (7) days after the first publication. The notice shall be directed
to all landowners in the district and shall state the purpose of the meeting. The
notice shall further contain a designation of the date, time and place of the public
hearing, which shall be not less than seven (7) days after the second publication.
At the time and place designated in the notice, the board shall hear all objections
to the budget as proposed, and make such changes as the board deems necessary. At
the conclusion of the budget hearing the board shall, by resolution, adopt the budget
as finally approved by the board.
(Sp. Acts, Ch. 70-617, § 12)
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