MARVIN MANDEL, Governor                       1463

(c)  Receipts. A detailed statement showing all anticipated county
receipts from all sources, whether they be Federal, State or local
receipts of any nature whatsoever, the estimated assessable basis,
together with the estimated tax rates or rates required by the recom-
mended appropriations. This statement should be in comparative
form showing estimated receipts for the current year, the taxable
basis, and the current rate.

(d)   Debt service. A list of payments to be made upon principal
and interest of outstanding debts of Cecil County during the ensuing
fiscal year.

(e)   Expenses. A list of all other anticipated expenses, including a
proper allowance for a contingent fund, not exceeding $75,000.00 per
year.

(f)   Capital items. The proposed budget may properly include
appropriations for the purpose of purchasing, improving or erecting
buildings or constructing capital improvements for the purpose of
conducting duly authorized county functions, or for the purpose of
creating a fund for capital improvements beyond the current year.

128.

In each year during the month of [April] May the Board of Esti-
mates prior to the adoption of the budget shall, after public notice
(which said public notice shall also contain a copy of the proposed
budget) hold at least two public hearings on the proposed budget, one
of which shall be held during evening hours. Public notice of the
time and place of said hearing shall be given by at least one week's
notice in at least two newspapers of general circulation in Cecil
County. From [April] May 1st to [May] June 1st in each year at
least one copy of such proposed budget shall be available for public
inspection at the office of the Board of Estimates during all regular
business hours.

129.

(a)  Revisions. During the period from [April] May 1st to [May]
June 1st in each year, the Board of Estimates of Cecil County are
authorized and empowered to revise the proposed budget and any
part thereof by increasing, decreasing, eliminating or adding items
provided that there shall be no consolidation of items in such manner
as to reduce the detailed statement of the appropriations. They shall
further be authorized to revise the schedule of anticipated receipts
and estimated rates in such manner as they may deem necessary.

(b)  Final Budget. No later than [May] June 1st in each year,
or on the first day thereafter, if [May] June 1st be a legal holiday,
the Board of Estimates of Cecil County shall by a majority vote adopt
the final budget, schedule of anticipated receipts, fix the tax rate and
impose the levy for the ensuing fiscal year. Such levy together with
any surplus county funds and all other revenues from all other sources
as shown by the schedule of anticipated receipts, must be sufficient
to cover the total appropriations in the budget. The final budget,
schedule of anticipated receipts and levies so adopted shall be signed
by a majority of the Board of Est