§ 861. Notification of budget. Each agency shall mail or deliver to
the chief executive officer and the governing body of the municipality
for whose benefit the agency was established and make available for
public inspection and comment its proposed budget for the forthcoming
fiscal year, no later than twenty business days before adoption. At such
time, the agency shall file its proposed budget with the clerk of the
municipality for whose benefit the agency was established. Such proposed
budget shall contain detailed estimates in writing of the amount of
revenues to be received and expenditures to be made during the forth
coming fiscal year. Following its consideration of the comments
received, the agency may revise its budget accordingly and shall file
the revised budget with the clerk of the municipality.