(a) The Board of Supervisors shall call at least one meeting of the legal voters of the member municipalities to be held on or before December 15th in each fiscal year for the purpose of having the Board of Supervisors present its proposed budget for the District for the ensuing fiscal year, and for the purpose of receiving comment thereupon from the registered voters of the District. The meeting or meetings shall be warned by the publishing of a notice thereof in a newspaper of general circulation within each member municipality at least 15 days prior to the meeting. The notice shall contain a brief summary of the proposed budget, together with the date, time, and place of the meeting. In addition, a copy of the notice and a copy of the proposed budget shall be sent by certified mail, return receipt requested, to the clerk of each member municipality at least 15 days prior to such meeting.

(b) The Board of Supervisors shall review the proposed budget in light of the oral comments received at hearings and written comments received and shall prepare a final budget to be acted upon by January 15th to be acted upon at the annual meeting of the District.