4094 ARTICLE 17.

sources, including any balance unexpended in the general fund for the
previous year.

(B) Against the total revenues thus estimated the Council shall appor-
tion such sums as, in their judgment, may be necessary and proper to meet
the various itemized requirements of the town during the said fiscal year,
as far as such requirements can be estimated; provided, however, that the
total of such proposed exepnditures shall not exceed ninety per cent, of the
estimated revenues of the town; the remaining ten per cent, of said esti-
mated revenues shall be maintained as a reserve to meet extraordinary
or unanticipated expenditures as the Council may direct

(C) The estimated apportionment of budget allotments shall be ex-
pended as nearly as possible in equal quarterly amounts; and no item of
budget allotments shall be exceeded except by authority of the Mayor
and Council who shall make provision for any extra requirements without
exceeding the total amount of the budget estimated receipts.

1929, ch. 169, sec. 9.

955. (A) On or before the 15th day of March in each succeeding
year, the Council shall, by resolution, appoint one or more persons whose
duty it shall be either to make a new assessment of all real and personal
property within the limits of the town, according to such regulations as
the Council may prescribe, or to revise the present assessment; (1) by
making such changes or corrections therein as may be deemed just and
proper, (2) by adding thereto any property subject to taxation not ap-
pearing in the previous assessment, and (3) by ascertaining, so far as
may be, all changes of ownership up to the date of such revision; to the
end that all property may be assessed and taxed in the names of the legal
owners thereof at the time of the annual assessment or revision; provided,
however, that in the case of property passing by descent, or property in
the course of administration under will or otherwise, it shall be sufficient
to assess and tax the same to the "estate" of the deceased owner, and pro-
vided further, that if the ownership of any property cannot, by reasonable
diligence, be ascertained, the same may be taxed to the occupant thereof,
and if there be no occupant, then to "unknown owner."

(B) The person or persons making the assessment or revision shall re-
port to the Council as soon as practicable the result of their labors. The
Clerk shall, immediately upon the filing of this report, notify every person
the assessment of whose property is either increased or diminished by
said report, of the fact and amount of such increase or decrease and of the
time and place of the meeting of the Council hereinafter provided for.
Said notice shall be mailed by the Town Clerk to the last known address
of the persons so assessed. The Council shall, at the first regular meeting
after the filing of the report above mentioned, hear and determine all
appeals or complaints in regard thereto, adjoining* from time to time as
long as may be necessary for that purpose.

*"Adjourning" evidently intended.