Each municipality shall adopt a budget for capital expenditures or services to be performed in a central business service district as part of its budget process. At the end of the fiscal year, a full accounting of expenditures shall be made. Balances or deficits of the central business service district account shall be reflected in the subsequent year's account budget to offset appropriation requirements.
Source. 1983, 109:1, eff. July 23, 1983. 2009, 81:4, eff. Aug. 8, 2009.