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(1) Prior to the adoption of the final budget or an amendment to a budget, a town council shall hold a public hearing to receive public comment.
(2) The town council shall provide notice of the place, purpose, and time of the public hearing by posting notice at least seven days before the hearing:
(a) in three public places at least 48 hours before the hearing;
(b) on the Utah Public Notice Website created in Section 63A-16-601; and
(c) on the home page of the website, either in full or as a link, of the town or metro township, if the town or metro township has a publicly viewable website, until the hearing takes place.
(3) After the hearing, the town council, subject to Section 10-5-110, may adjust expenditures and revenues in conformity with this chapter.