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The governing body shall adopt a budget statement pursuant to the state’s Budget Act, being Neb. RS 13-501 to 13-513 to be termed “The Annual Appropriation Bill”, in which such corporate authorities may appropriate such sums of money as may be deemed necessary to defray all necessary expenses and liabilities of such corporation.
(Prior Code, § 1-806)
Related provisions, see Neb. RS 17-706