1290 LAWS OF MARYLAND. [CH. 532

between the total proposed expenditures and the total antici-
pated income for the fiscal year covered by the budget, and
which shall compare these figures with the corresponding
figures of the last completed year and the year in progress;

Part II shall contain (1) detailed estimates of all proposed
expenditures, showing the corresponding expenditures for each
item for the current year and the last preceding fiscal year,
with explanations of increases or decreases recommended as
compared with appropriations for the current fiscal year; (2)
detailed estimates of anticipated revenues and other income;
(3) delinquent taxes, if any, for current and preceding years,
with percentages collectible; (4) statements of the bonded and
other indebtedness of the Town government, showing the debt
redemption and interest requirements, the debt authorized and
unissued, the condition of the sinking funds, if any, and the
borrowing capacity of the Town;

Part III shall contain complete drafts of the budget ordi-
nances, including an appropriation ordinance and such other
ordinances as may be required to finance the budget.

SEC. 48. THE PREPARATION AND ADOPTION OF THE BUDGET.
At least sixty days prior to the beginning of the fiscal year
the offices and agencies of the town government shall transmit
estimates of their budgetary requirements to the treasurer, who
shall prepare a budget for the Manager in the form required
by the next preceding section of this charter. The Manager
shall transmit this budget to the Council at least thirty days
before the beginning of the fiscal year. The Council shall
arrange for and hold at least one public hearing on the budget
during the period of its consideration. The Council may re-
vise, alter, increase, or decrease the items of the budget, pro-
vided that when it shall increase the total proposed expendi-
tures, it shall also increase the total anticipated income so
that the total means of financing the budget shall at least
equal in amount the aggregate proposed expenditures. When
the Council shall make such changes it shall issue a state-
ment setting forth clearly its action on the budget. At least
ten days before the beginning of the fiscal year, the Council
shall approve the budget plan and shall enact the appropria-
tion ordinance.

SEC. 49. WORK PROGRAM AND ALLOTMENTS Immediately
before the beginning of the fiscal year the head of each office
or agency of the Town government shall submit to the treas-
urer a work program for the year, which program shall in-
clude all appropriations for its operation and maintenance
and for acquisition of property, and shall show the requested
allotments of said appropriations for such office or agency by