Annually, and on or before the first day of June of each and every year, the commission shall submit or cause to be submitted to the board of library trustees its proposed budget for the operating and maintaining of the library or libraries of the district for the ensuing fiscal year. The proposed budget shall include an estimate of the cost of any or all of the following: (a) Leasing of temporary quarters; (b) Purchasing of suitable real property; (c) Procuring plans and specifications, and erecting a suitable building or buildings; (d) Furnishing and equipping the library building, and fencing and ornamenting the grounds for the accommodation of the public library.
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