Prior to May 15 of each year after this act [article] is effective, the manager 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 act [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 meetings. 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. 82-274, § 13)
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