Article XI BUDGET The Neighborhood council shall appoint a budget committee in the fall that shall prepare the annual budget. Section 1. Prior to the first meeting of the budget committee all officers and chairs shall submit a statement of their estimated needs. Section 2. The budget committee shall distribute to the council a budget draft to solicit further input. Section 3. A policy on donations shall be set as follows: 3.1 Donations allocated in the budget under $100.00 shall be given as requested, over $100.00 contingent upon funds available. 3.2 Donations not allocated in the budget under $100.00 shall be approved by a majority of the council and given contingent upon funds available; over $100.00 shall be subject to a 2/3 vote of the council and matching funds stated, then given contingent upon funds available and matching funds collected. 3.3 Budget shall be approved by a majority vote of the council. (Amended 10/06/88)