Sec. 1099.201. BUDGET. (a) The district manager shall prepare an annual budget for approval by the board. (b) The proposed budget must contain a complete financial statement of: (1) the outstanding obligations of the district; (2) the cash on hand to the credit of each district fund; (3) the money received by the district from all sources during the previous year; (4) the money available to the district from all sources during the ensuing year; (5) the balances expected at the end of the year in which the budget is being prepared; (6) the estimated revenue and balances available to cover the proposed budget; (7) the estimated tax rate required; and (8) the proposed expenditures and disbursements and the estimated receipts and collections for the following fiscal year.
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