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<baltimore-city-law heading="§ 20-8 Annual financial plan.">
  <section prefix="§" num="20-8" heading="Annual financial plan.">
    <para num="(a)" heading="Committee to adopt.">The District Management Committee shall adopt an annual financial plan, based on the City’s fiscal year, consisting of at least a budget and a proposed District special assessment to be levied on assessed businesses.</para>
    <para num="(b)" heading="Public hearing.">Before adopting the financial plan and making recommendations to the City, the District Management Committee shall arrange for a public hearing on the proposed financial plan.  Notice of the hearing must be published in a newspaper of general circulation in Baltimore City at least once a week for 3 consecutive weeks.</para>
    <para num="(c)" heading="Board of Estimates approval required.">The District Management Committee may not approve a financial plan that includes District special assessments in excess of those approved by the Board of Estimates.</para>
    <annotation type="History">Ord. 19-250.</annotation>
    <annotation type="History">Ord. 22-124</annotation>
  </section>
</baltimore-city-law>
