APPROVAL OF BUDGET BY GOVERNING BODY OF CREATING POLITICAL SUBDIVISION

(a) Not later than the 45th day before the date each fiscal year begins, the governing body of the political subdivision that created the district shall hold a public hearing on the budget adopted by the board and submitted to the governing body. (b) The governing body must publish notice of the hearing in a newspaper with general circulation in the district not later than the 10th day before the date of the hearing. (c) Any resident of the district is entitled to be present and to participate at the hearing. (d) Not later than the 30th day before the date the fiscal year begins, the governing body shall approve or reject the budget submitted by the board. The governing body may not amend the budget. (e) If the governing body rejects the budget submitted by the board, the governing body and the board shall meet and together amend and approve the budget before the beginning of the fiscal year. (f) The budget may be amended after the beginning of the fiscal year on approval by the board and the governing body.