February 2022 edition 21 unincorporated area of the County. Such powers shall include, but not be limited to, the creation of Special Districts, Municipal Service Taxing Units and Municipal Service Benefit Units. Real property situated outside a Special District, Municipal Service Taxing Unit or Municipal Service Benefit Unit shall not be subject to taxation or assessment for services provided by such entity exclusively for the benefit of the property or residents of such Special District, Municipal Service Taxing Unit or Municipal Service Benefit Unit. (Amended 8/31/2004.) Section 5.2 Budget. 5.2A Combined. One budget shall contain all fiscal activities of this County government for each fiscal year. (Renumbered 8/31/2004.) 5.2B Preparation and Adoption. The proposed budget shall include all fiscal activities of this government and shall be combined into one unified budget for each fiscal year prepared on a uniform basis and given public notice and hearings, except as otherwise provided by general law. (Renumbered 8/31/2004.) 5.2C Sections. The budget shall consist of two (2) sections. Section One shall relate to County-wide services and shall contain four (4) parts: Part I, Operating Fund; Part II, Debt Service Fund; Part III, Capital Improvement Fund; and Part IV, Intergovernmental Fund. Section Two shall contain a part for each Special District, Municipal Service Taxing Unit and Municipal Service Benefit Unit. (Subsection 5.2C Amended 8/31/2004.) 5.2D Bonding Limitations. Sarasota County, or any subdivision or instrumentality thereof, shall not issue or cause to be issued, without referendum, any notes, bonds, certificates of participation, or other instruments of indebtedness evidencing borrowing, obligating the County to pay off said indebtedness out of tax revenues of the County, unless the principal indebtedness or obligation evidenced by said instrument issued or caused to be issued prior to October 1, 2003
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