The budget process of the SID would remain the same, with the exception that its timing would generally run in conjunction with the Township’s budget process on a calendar year. A budget will be required to be submitted by January 15th of each year. Here is an excerpt from the ordinance of the budget process.
“The budget shall be introduced, approved, amended and adopted by resolution passed by not less than a majority of the full membership of the Township Committee of the Township. The procedure shall be as follows:
(i) Introduction and approval;
(ii) Public advertising;
(iii) Public hearing;
(iv) Amendments and public hearings, if required;