Form and Content of Budgets Sample Clauses

Form and Content of Budgets. The budget for each fiscal year shall contain a plan of financial operations for the Regional Sewerage System for the fiscal year and shall contain an estimate of the requirements for expenditures, including provisions for any reserves, and the means of financing such requirements. The budget shall be itemized and shall show in reasonable detail the nature and purpose of each item of revenue and expense and the actual or estimated amount thereof. The budget shall be in two parts. One part shall consist of a plan of financial operations for the capital costs of the acquisition and construction of the Regional Sewerage System, and the other part shall consist of a plan of financial operation for the maintenance and operation of the system, prepared as follows:
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Related to Form and Content of Budgets

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