Section 1765. Preparation of annual budget, notification and collection of payments

1. The annual budget of the authority for the operation of the  district for the next ensuing year shall be adopted not later  than  the
  last day of September in each year. For the first year of its operation,
  the authority shall use the budget adopted for said year by the board of
  managers of the Salamanca hospital district which it shall succeed.
    2. The authority after adoption of its annual budget shall immediately
  notify  each  of  the participating municipalities of its annual payment
  determined in accordance with the provisions of this statute  after  the
  authority has adopted a resolution fixing said amounts.
    3.  The participating municipalities shall pay their respective annual
  payments to the treasurer of the authority not later than the  last  day
  of  March,  annually,  except  that  the city of Salamanca shall pay its
  annual payment to the treasurer of the  authority  not  later  than  the
  first  day of June, annually. The yearly payments are due and payable as
  of said respective dates.