CHAPTER 8: GENERAL FINANCE
Section 8.1 FISCAL YEAR.
   The fiscal year of the village shall begin on the first day of July and end on the 30th day of June of the following year. Such year shall constitute the budget year of the village government.
(Adopted 3-13-67)
Section 8.2 BUDGET PROCEDURE.
   On or before the first Monday in March, each village officer shall submit to the Village Manager an itemized estimate of the expenditures for the next fiscal year, for the department or activities under his control. The Village Manager shall prepare a complete itemized budget proposal for the next fiscal year and shall submit it to the Council at its first regular meeting in April.
(Adopted 3-13-67)
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