§ 254-104. The board of directors to establish budget.

The present board of directors of the Melbourne-Tillman Water Control District shall establish a proposed budget to be submitted to the county commission by July 1, 1986, to provide the initial operating expenses until such time as the district receives revenue from user fees, taxes, and/or special assessments as provided herein. The term "operating expenses" means all contemplated capital and operating costs and expenses of the district necessary to carry out any of the purposes of the district provided under this Act. The initial proposed budget shall be modified or approved by the county commission at the times and in the manner in which the annual county budget is approved by the board of county commissioners. Thereafter, the board of directors of the new district shall establish an annual operating expense budget for each fiscal year, which shall commence on the first day of October and terminate on the last day of September of the next year. The board of directors shall adopt a tentative annual operating expense budget prior to July 1 of each year, to be approved by the board of county commissioners in the manner contemplated under F.S. § 200.001(8)(d), and deliver a copy of such tentative annual operating expense budget to the board of county commissioners, to the city council of the City of Palm Bay, and to the city council of the City of West Melbourne. Such budget shall be modified or approved by the county commission at the times and in the manner in which the annual county budget is approved by the board of county commissioners.

(Laws of Fla. ch. 2001-336, § 3)