On or before November 15th of each year, the Board of Supervisors shall prepare a budget for the District for the ensuing fiscal year, which budget shall include an estimate of all revenues anticipated to be received by the District from disposal fees and other sources, and an estimate of all expenses anticipated to be incurred by the District for planning, solid waste management debt service, and other expenses. The budget shall also show actual and estimated income and expenditures incurred or to be incurred by the District for the current fiscal year, and the actual income and expenditures incurred by the District for the preceding fiscal year, and any proposal or recommendation for incurring short-term indebtedness to be repaid in five years or less.
24 Appendix V.S.A. § 411-402