7-6-4263. Due date for preliminary annual operating budget -- consideration of budget. (1) The preliminary annual operating budget must be presented by the finance officer to the governing body on or before the governing body's first meeting in August.
(2) Upon receipt of the preliminary annual operating budget, the governing body shall immediately consider the budget and make any revisions, reductions, additions, or changes the governing body considers advisable.
(3) This section does not apply to a municipality that has adopted the alternative accounting method provided for in Title 7, chapter 6, part 6.
History: En. Sec. 18, Ch. 458, L. 1997.