The budget shall be adopted not later than the tenth of June prior to the beginning of the budget year. Should the assembly take no action on or prior to such day, the budget, as submitted, shall be deemed to have been finally adopted by the assembly. [Ord. 81-60-O, 1981; Ord. 71-5-O , 1971; prior code Ch. 7 subch. 2 §6. Formerly §3.08.060].