The board shall establish the beginning and ending of its fiscal year, which period shall constitute its budget year, and at least thirty days prior to the beginning of the first full fiscal year after the creation of the district and annually thereafter the general manager shall prepare and submit to the board a tentative budget which shall include all operation and maintenance expenses, payments to a capital replacement account and bond payment schedules for the ensuing fiscal year. Such tentative budget shall be considered by the board, and, subject to any revisions or amendments that may be determined by the board, shall be adopted as the budget for the ensuing fiscal year. Upon adoption of the budget, a copy of the budget shall be forwarded to the county commission. No expenditures for operation and maintenance expenses in excess of the budget shall be made during such fiscal year unless unanimously authorized and directed by the board.
Structure West Virginia Code
Article 13A. Public Service Districts
§16-13A-1. Legislative Findings
§16-13A-1a. Jurisdiction of the Public Service Commission
§16-13A-1c. General Purpose of Districts
§16-13A-3a. Removal of Members of Public Service Board
§16-13A-4. Board Chairman; Members' Compensation; Procedure; District Name
§16-13A-5. General Manager of Board
§16-13A-9a. Limitations With Respect to Foreclosure
§16-13A-9b. Exemptions for Swimming Pools
§16-13A-12. Disbursement of District Funds
§16-13A-14. Items Included in Cost of Properties
§16-13A-15. Bonds May Be Secured by Trust Indenture
§16-13A-16. Sinking Fund for Revenue Bonds
§16-13A-18. Operating Contracts
§16-13A-19. Statutory Mortgage Lien Created; Foreclosure Thereof
§16-13A-20. Refunding Revenue Bonds
§16-13A-23. Validation of Acts and Proceedings of Public Service Boards
§16-13A-24. Acceptance of Loans, Grants or Temporary Advances