Council shall, in the manner provided by general law and based strictly on the items contained in the budget previously approved, make its levy estimates, hear objections to the proposed levies, and, after reconsidering the estimates and levies in light of such objections, if any, enter its levy order. If any objections to the proposed estimates and levies are sufficient in law and require changes in the budget previously approved, such changes shall be made in the budget, and the budget shall be amended to that extent.
Council, however, shall not enter its levy order until it has been approved by the State Tax Commissioner as required by the provisions of general law.