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15. Budget Pack^g^ <br />15.1 Definitions <br />^ The Annual Oppratino Budget refers to the calendar <br />yea- budget of the Orono Police Department during the <br />first year of any three year period covered by this <br />agreement. This budget will become the official Annual <br />operating Budget upon ratification by the Contracting <br />Cities. The Annual Budget incorporates all costs of <br />operations. <br />Q Turn Budget refers to a single number, not <br />to be exceeded, dollar amount which will be used as the <br />budget limit for the next calendar year in the evenr the <br />Annual Budget Package is not ratified by all Contracting <br />Cities by October 1 of the first year of any three year <br />period covered by this agreement. <br />Q Tbe v^ar Three Budget refers to a single number not <br />to be exceeded dollar amount which will be as the <br />budget limit for the next calendar year in the event the <br />Annual Budget Package has not been ratified by -- <br />contracting Cities by October 1 of the second year of any <br />three year period covered by this agreement. <br />City of Orono for ratification by the Contracting <br />The Annual Budget Packaae must be ratifie y <br />Contracting Cities prior to October 1 in ^ <br />submitted to become the valid budgets for the <br />throe years. The Annual Budget -ackngc must be accepted <br />or rejected in its entirety. <br />15.2 Budget Process <br />By August IS of each year during which <br />I^^uir ^udg« rest of Police <br />Page 9