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Sec. 27-3. Report of expenditures and estimate of needed
funds.[398]

It shall be the duty of the school board annually, on or
before the thirty-first day of March of each year, and oftener
if deemed necessary by the city council, to submit to the city
council, in writing, a classified report, as prescribed by the
city council, of all expenditures and a classified estimate of
what funds will be needed for the proper maintenance and
growth of the public schools of the city and to request the
city council to make provisions by appropriation or levy for
the same. (Code 1959, § 27-3.)