The municipal budget shall be prepared by the Mayor with the
assistance of the Business Administrator. During the month of November,
the Mayor shall require all department heads to submit requests for
appropriations for the ensuing budget year and to appear before the
Mayor or the Business Administrator at public hearings, which shall
be held during that month on the various requests.
(Source: L. 1950, c. 210, § 3-15, p. 476.)
On or before the 15th day of January, the Mayor shall submit
to the Council his recommended budget, together with such explanatory
comment or statement as he may deem desirable. The budget shall be
in such form as is required by law for municipal budgets and shall,
in addition, have appended thereto a detailed analysis of the various
items of expenditure and revenue. The Council may reduce any item
or items in the Mayor's budget by a vote of a majority of the
Council, but an increase in any item or items therein shall become
effective only upon an affirmative vote of two-thirds (2/3) of the
members of the Council.
(Source: L. 1950, c. 210, § 3-16, p. 477.)
The Council shall, where practicable, provide for the maintenance
of a system of work programs and quarterly allotments for operation
of the budget. It shall be the duty of the officer or department administering
any such program to develop and report appropriate unit costs of budgeted
expenditures.
(Source: L. 1950, c. 210, § 3-17, p. 477.)
The Council shall provide by ordinance for the exercise of a
control function in the management of the finances of the municipality
by some officer other than the Business Administrator. The control
function shall include provision for an encumbrance system of budget
operation, for expenditures only upon written requisition, for the
preaudit of all claims and demands against the municipality prior
to payment and for the control of all payments out of any public funds
by individual warrants for each payment to the official having custody
thereof.
(Source: L. 1950, c. 210, § 3-18, p. 477.)