Section 11701.247.1 - Annual budget(a)Proposed budget.--Notwithstanding any provision of law or home rule charter to the contrary, a municipality subject to a plan under this chapter shall, at least 120 days prior to the end of its current fiscal year, commence development of a proposed annual budget for the next fiscal year that implements the provisions of the plan or makes other changes to the management of the municipality necessary to implement the provisions of the plan. The proposed budget shall be prepared by the governing body or the chief executive officer, as the case may be.(b)Coordinator review.--At least 75 days prior to the end of the fiscal year, the governing body or chief executive officer shall submit the proposed budget to the coordinator. The coordinator shall review the proposed budget to verify that the proposed budget conforms with the plan. The coordinator shall make any modifications necessary to the proposed budget to meet the objectives of the plan.(c)Return of proposed budget.--After completion of the coordinator's review, the coordinator shall, at least 45 days before the end of the municipality's fiscal year, submit the proposed budget, together with the coordinator's modifications, if any, to the municipality for adoption in accordance with law.(d)Notification to secretary.--Within 30 days of the municipality's adoption of the budget, or the municipality's failure to timely adopt a budget, the coordinator shall notify the secretary whether or not the adopted budget, if any, conforms to the plan. Upon a determination that the budget does not conform to the plan, or that the municipality has not timely adopted a budget, the secretary may take action as provided for by this act. 1987, July 10, P.L. 246, No. 47, § 247.1, added 2014, Oct. 31, P.L. 2983, No. 199, § 16, effective in 60 days [Dec. 30, 2014].