A. The Budget Officer shall have the following powers and duties:
1. To permit, encourage and establish the efficient planning, budgeting, auditing, reporting, accounting, and other fiscal management procedures in all municipal departments, commissions and boards;
2. To compile an annual budget in accord with Section 2.403 hereof;
3. To examine all books and records of all Village departments, commissions, and boards which relate to monies received and paid out by the Village, its departments, commissions, and boards and debts and accounts receivable, amounts owed by or to the Village, its departments, commissions, and boards;
4. To obtain such additional information from the Village, its departments, commissions, and boards as may be useful for compiling a municipal budget, such information to be furnished by the Village, its departments, commissions, and boards in the form required by the Budget Officer; and
5. To establish and maintain such procedures as shall insure that no expenditures are made by the Village, its departments, commissions, or boards except as authorized by the budget.
B. Any department, commission, or board which refuses to make such information as is requested of it available to the Budget Officer shall not be permitted to make expenditures under any subsequent budget for the Village until such department, commission, or board shall comply in full with the request of the Budget Officer.