Section 79-I. Joint meeting of town boards

1. The town boards of the
  several towns shall, prior to the effective date of consolidation,  meet
  in  a joint session, at such times and in like manner as required by law
  for existing towns, to prepare and approve a budget for the new town. In
  addition to other requirements of law, such budgets shall be filed  with
  the  clerks  of  each of the several towns, and jointly presented to the
  county board of supervisors by the supervisors of the several towns,  as
  required by law for existing towns.
    2.  During  the  year in which a consolidation shall become effective,
  the legislative body of the county shall, upon due presentation to  them
  of  the  assessment  rolls,  make  such changes and transfers therein as
  shall reflect the changed status of the towns affected by such merger or
  consolidation.
    * NB Repealed March 21, 2010