On or before June 15 of each year, the district board shall estimate and determine the amount of money required by the harbor district and shall adopt a preliminary budget which shall be divided into the following main classes:
(a) Ordinary annual expenses.
(b) Capital outlay and capital outlay fund.
(c) Prior indebtedness.
(Amended by Stats. 1984, Ch. 193, Sec. 76.)
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