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(A) The Fiscal Officer shall present the report of budget estimates to the Common Council under I.C. 6-1.1-17.
(B) Pursuant to I.C. 36-4-7-6, the city shall formulate a budget estimate for the filing budget year. Estimates must be formulated prior to the publication of the notice of budget estimates required pursuant to I.C. 6-1.1-17-3.