A. 
An annual budget and capital budget shall be prepared, considered and adopted according to the requirements of the Local Budget Law, 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 the Charter or this article or as he may deem desirable.
A. 
The Village budget shall be prepared by the Manager. During the month of November in each year, the Manager shall require all department heads to submit requests for appropriations for the ensuing budget year and 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 expenditures for capital purposes, together with such information and comment as he may deem relevant.
C. 
He shall also prepare, in consultation with the Planning Board, a proposed general improvement program and capital budget in accordance with the provisions of N.J.S.A. 40A:4-43 through 40A:4-45 and the regulations of the Local Finance Board thereunder.
D. 
The Planning Board, prior to August 15 in each year, with the assistance of the Manager, shall prepare and present to the Council the Board's recommended general improvement program for the ensuing six years.
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, N.J.S.A. 40A:4-1 et seq., and administrative regulations thereunder.
B. 
With reference to the general improvement program, there shall be included in the budget such projects and outlays as the Manager may recommend for the current year, together with their explanation and justification.
C. 
With reference to proposed Village functions expenditures, the budget document shall include statements of the cost of performance of functional programs and activities in terms of quantitative countable units of work, to the extent that the Manager may determine to be feasible and pertinent.
D. 
The budget document shall also include supplementary detailed analysis of expenditures and revenues required for effective consideration of the recommendations, together with such explanations of the relationships of planning, programming and budgeting as may be appropriate to the particular budget.
After public hearing and such revision as it may deem desirable, the Council will approve and adopt the budget in accordance with the Local Budget Law, N.J.S.A. 40A:4-1 et seq.
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 the law and no commitments shall be incurred in excess of any such allotment except upon specific written authorization of the Manager.