At least sixty (60) days prior to the end of the Village's fiscal year, the Municipal Administrator shall submit to the Finance Committee and Council a comprehensive budget for all Village functions for the ensuing fiscal year along with an accompanying budget message.
The message shall explain the budget in fiscal terms and in terms of work programs. It shall:
(a) Outline the proposed financial policies of the Village for the ensuing fiscal year;
(b) Describe the important features of the budget;
(c) Indicate any major changes from the current year in financial policies, expenditures, and revenues, together with the reasons for such changes;
(d) Summarize the Village's debt position; and
(e) Include such other material as may be deemed appropriate.
(Amended 11-2-93)