§ 7-14. Oversight by Board of Estimates.
(a) In general.
With regard to the District and the Authority the Board of Estimates shall have the following powers.
(b) Establishment of full Board.
The full Board proposed by the Interim Board in accordance with § 7-6 of this subtitle shall be subject to the approval of the Board of Estimates.
(c) Financial Plan; rates and charges.
(1) The Financial Plan and the schedule of rates and charges shall be subject to the approval of the Board of Estimates.
(2) The Board of the Authority shall submit the Financial Plan and any supporting materials to the Board of Estimates and the Department of Finance at the time specified by the Board of Estimates and before the proposed effective date of a Financial Plan or Supplemental Tax.
(3) In considering a Financial Plan, the Board of Estimates may not exceed or increase the schedule of taxes, rates, and charges proposed in the Financial Plan beyond those proposed by the Authority.
(d) Bylaws.
The Board of Estimates shall review and approve the initial bylaws of the Authority and any proposed amendments thereto.
(e) Approval and renewal process.
The Board of Estimates shall be the final arbiter and decision maker regarding the approval and renewal process for the District.