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 Annapolis
 Code of Ordinances
 Title 6. REVENUE AND FINANCE
 Chapter 6.16. BUDGET

  § 6.16.020. Supplemental allocations.  

Latest version.

  • A.

    No obligations of the City shall be authorized in any fiscal year which are not included in the Annual Operating Budget or the Capital Budget as finally adopted; provided however, that if any item or items are not included in the operating budget which are required and necessary, the following procedure is established for approval authority for transfer of funds in excess of twenty-five thousand dollars from another budgeted item which will not be used or for which there is a surplus or to allocate funds from the surplus:

    1.

    The department head shall submit a request in writing to the Finance Director. Once reviewed the Finance Director shall forward the request to the City Manager and the Mayor for consideration.

    2.

    Within ten working days the Mayor shall consider the request and forward a recommendation to the Finance Committee.

    3.

    The Finance Committee shall report its findings to the City Council.

    4.

    Final action shall be taken by the City Council after receipt of the Finance Committee's recommendation. Unless a hearing is requested by a majority of the City Council, final action shall be taken at the same meeting at which introduced.

    B.

    Except as listed in paragraph C. below, transfer of funds of less than or equal to twenty-five thousand dollars from another budgeted item may be made by the City Manager without meeting the requirements of subsection A.; provided, however, that any such transfer is within the same fund. All transfers approved by the City Manager must be reported to the City Council on the regular agenda at the next scheduled City Council meeting.

    C.

    All monies transferred from bond funds or contingency funds must be reviewed by the Finance Committee and approved by the City Council.

    D.

    The City Council may authorize the allocation of funds from the surplus of the budget provided it authorizes the allocation by a two-thirds vote.

    (Ord. O-16-06 Amended § 1 (part), 2006: prior code § 2-28.2)

(Ord. No. O-30-16 Amended, § I, 10-10-2016; Ord. No. O-41-18, § I, 12-10-2018; Ord. No. O-43-18, § I, 1-14-2019)