The chairman shall submit annually to the commission a proposed budget governing expenditures
of all county funds, including capital outlay and public works projects for the following
fiscal year. The commission shall thereafter hold a public hearing on the budget,
giving notice thereof at least ten days in advance by publication of such notice and
of the proposed budget in the official organ of Cobb County and by posting same at
the courthouse door. The budget shall then be reviewed and adopted or amended by the
commission prior to the beginning of the new fiscal year to which it applies, which
budget, when so adopted or amended by the commission, shall constitute the commission's
appropriation of all funds for such year. The budget so adopted may be revised during
the year only by formal action of the commission in a regular meeting, and no increase
shall be made therein without provision also being made for financing same. The proposed
budget submitted by the chairman shall be accompanied by a report containing information
and data relating to the financial affairs of the county pertinent to arriving at
and establishing the annual budget. A copy of the budget and of each revision or amendment
to same shall be transmitted by the chairman to the grand jury of the superior court
of Cobb County within ten days from the time such budget or amendment thereof is adopted
by the commission. The board of commissioners may from time to time, upon a majority
vote hereof, change the ending and beginning date of the fiscal year for the county
or may operate on an annual basis; provided, however, that in the event of such change,
the budget shall be submitted at least two months prior to the beginning date of the
next fiscal year or January 1, whichever shall apply, and shall be adopted at least
one month prior to said beginning date.