A public hearing on the budget shall be held thereon before its final adoption by the City Commission at such time and place as the Commission may direct, and notice thereof shall be published at least one week in advance by the City Clerk. Said notice shall include the time and place of the hearing and shall state the place where a copy of such budget is available for the public inspection. Thereafter, but not later than June 30 of each year, the City Commission shall, by resolution or ordinance as required by law, adopt a budget for the ensuing fiscal year, make appropriations therefor, and, after realistic consideration of probable other revenues, determine and declare the amount of money necessary to be raised by property taxation, which amounts shall not be greater than otherwise limited in this Charter or by general law.
(April 6, 1970)