(A) It shall be the duty of each town officer who is the head of an office, department or agency of the town to file with the Town Manager on or before May 1 each year:
(1) A complete statement of the amounts expended for each item of expenditure in his or her office, department or agency, in the fiscal year preceding the then current fiscal year;
(2) A complete statement of the amount expended and estimated to be expended for each item in his or her office, department or agency in the current fiscal year; and
(3) An estimate of the requirements of his or her office, department or agency for each item in the budget year next ensuing.
(B) Such statements and estimates shall list each item of expenditure in such form and in such detail as may be prescribed by the Town Manager, and shall include such other supporting information as may be prescribed by the Town Manager.
(1991 Code, § 31.03)