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Subdivision 4. On or before July 1 of each year, the Board shall <br />adopt a detailed budget for the ensuing year and decide upon the total <br />amount necessary for the general fund. Budget approval shall require a <br />favorable vote by a majority of all eligible votes of the then existing <br />members of the Board. <br /> <br /> The secretary of the Board shall certify the budget on or before <br />July 1 to the clerk of each member governmental unit together with a <br />statement of the proportion of the budget to be provided by each member. <br /> <br /> The Council of each member agrees to review the budget, and the <br />Board shall upon notice from any member received prior to August 1, hear <br />objections to the budget, and may, upon notice to all members and after a <br />hearing, modify or amend the budget, and then give notice to the members of <br />any and all modifications or amendments. <br /> <br /> Each member agrees to provide the funds required by the budget and <br />said determination shall be conclusive if no member enters objections in <br />writing on or before August 1. If no objections are submitted to the Board, <br />each member agrees to provide the funds approved by the Board, after the <br />Board has conducted the aforementioned hearing. Modifications or <br />amendments to the original budget require a favorable vote by a majority of <br />all eligible voters of then existing members of the Board. <br /> <br /> The schedule of payments by the members shall be determined by the <br />Board in such a manner as to provide for an orderly collection of the funds <br />needed. <br /> <br /> Upon notice and hearing, the Board by a favorable vote of a majority <br />of all eligible votes of then existing members may adopt a supplemental <br />budget requiring additional payments by the members within 60 days of its <br />adoption but in no event shall the budget require any member to contribute <br /> <br />-27 - <br /> <br /> <br />