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The Council shall publish in one (1) or more newspaper of general circulation in the Municipality the general summary of the budget and a notice stating:
(a) The times and places where copies of the message and budget are available for inspection by the public, and
(b) The time and place, not less than two (2) weeks after such publication, for a public hearing on the budget.
After the public hearing, the Council may adopt the budget with or without amendment. In amending the budget, it may add or increase programs or amounts and may delete or decrease any programs or amounts, except expenditures required by law or for debt service or for estimated cash deficits, provided that no amendment to the budget shall increase the authorized expenditures to an amount greater than the total estimated income.
The Council shall adopt the budget on or before the first (1st) day of the twelfth (12th) month of the fiscal year currently ending.
Adoption of the budget shall constitute appropriations of the amounts specified therein as expenditures from the finds indicated and shall constitute a levy of the property tax therein proposed.