A. 
An annual budget and capital budget shall be prepared, considered and adopted according to the requirements of the Local Budget Law.[1]
[1]
Editor's Note: See N.J.S.A. 40A:4-1 et seq.
B. 
In addition, the Manager shall follow such procedures and submit to the Council such additional information and recommendations as are required by this chapter or this article or as he may deem desirable.
A. 
The Borough budget shall be prepared by the Manager. During the month of May in each year, the Manager shall require all department heads to submit requests for appropriations for the ensuing budget year and, during the month of April in each year, to appear before him at public hearings which shall be held during that month on the various requests.
B. 
The Manager shall refer to the Planning Board the various requests for expenditure for capital purposes, together with such information and comment as he may deem relevant in accordance with general law.
A. 
The budget document submitted by the Manager to the Council shall be in such form as is required to satisfy the Local Budget Law and administrative regulations thereunder.
B. 
With reference to the general improvement program, there shall be included in the budget such project and outlays as the Manager may recommend for the current year, together with their explanation and justification.
After public hearing and any such revision as it may deem desirable, the Council shall adopt the budget in accordance with the Local Budget Law.
Budget appropriations shall be controlled by an encumbrance system which shall be prescribed or approved by the Manager. In consultation with the Council, the Manager shall establish quarterly or such other periodic allotments of appropriations as he may deem desirable. Each department shall plan and administer its work program within the limits of such allotments, provided that the same shall be in accordance with law and no commitments shall be incurred in excess of any such allotment except upon specific written authorization of the Manager.