(1) The Chief Executive Officer shall, in respect of every financial year, submit a statement of the estimated receipts and expenditure (herein after referred to as the Budget) for that year to the Board in such manner as may be prescribed and the Board may approve the the budget without modification or with such modification as it thinks fit.
(2) Every budget shall make adequate provisions for –
I. The proper performance of the worship of the deities, services, rituals, ceremonies and other religious observances in the Temple;
II. The due discharge of all liabilities of the Temple;
III. The maintenance of a working balance and a reserve fund;
IV. The arrangement to be made for securing the health, safety and convenience of the pilgrims, worshippers or persons having interest in the Temple;
V. The constructions, repair and improvement of the Temple and the buildings connected therewith; and
VI. Such other matters as may be prescribed.
(3) After the approval of the Board, the budget shall be submitted to the State Government for sanction before such date as may be fixed by the State Government in that behalf.
(4) Before sanctioning the budget, the State Government shall satisfy itself that adequate provision has been made in the budget for the maintenance of the prescribed working balance and for meeting all the liabilities of the temple and its endowments and the State Government shall have power to modify any part of the of the budget so as to ensure that such provisions are made.
(5) The decision of the State Government sanctioning the budget shall be communicated to the Chief Executive Officer by such date as may be prescribed, failing which it shall be deemed that the budget has been sanctioned by that State Government without any modification.
(6) It shall not be lawful for the Board to incur any expenditure which is not sanctioned in the budget or which will have the effect of varying the amount for any provisions made in the budget.
(7) When a need has arisen for supplementary or additional expenditure upon some new service not contemplated in the budget, the Chief Executive Officer shall submit a supplementary estimate of the proposed expenditure and the provisions of sub-sections (I) to (6) shall mutatis mutandis apply to such supplementary estimate.
(8) Where any person is entitled to receive any payment out of the proceeds of the properties of the Temple by virtue of any custom or usage or otherwise on account of any interest which he has in the administration of the affairs of the Temple, such payment shall be made to him from the Temple Fund after making due allowance for the expenses required to be made in respect of matters specified in sub-section (2) and necessary adjustment may be proportionately made in making such payments.