The assembly shall enact an appropriation and tax levy ordinance appropriating funds for the expenses and liabilities of the borough each year and levying a tax to defray all expenses and liabilities of the borough for the purposes as specified against all taxable property in the borough each year. [Ord. 2004-02 §3; Ord. 98-03 §2, 1998; Ord. 68-17-O, 1968; prior code Ch. 3 subch. 3 §1. Formerly §3.12.010].