SECTION 5.06 BUDGET
In each fiscal year, which shall be the calendar year from January 1 through December 31, the Manager and the Finance Director shall prepare and submit to the Council a budget for the following fiscal year. The budget shall be submitted to the Council on or before the first day of June. It shall include an estimate of all expenditures which will be necessary for the operation of the Village during the following fiscal year and an estimate of all revenue which will be received for that period. The Council shall approve or amend the budget as submitted, and shall adopt same, by resolution, after a public hearing of which at least ten (10) days notice is given in a manner prescribed for the publication of ordinances. Council shall submit the adopted budget to the County Budget Commission on or before the date established by the County Budget Commission. The budget shall be in the form prescribed by the Office of Inspection and Supervision of Public Offices of the State of Ohio, except to the extent that modification is required by any provision of this Charter, and all proceedings regarding the adoption of an annual budget, not specifically provided for in this section shall be in accordance with the provisions of the Ohio Revised Code.