Agenda - Parks and Recreation Commission - 10/20/1983

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! I I I I I I I I I I I I I I I I I in the budget (resolution), or for any amount in excess of the amount authorized, shall be a personal obligation upon the person incurring the obligation. No check shall be issued or transfer made to any account other than one owned by the city until the claim to which it relates has been supported by an itemized bill, payroll, or time sheet or other document approved and signed by the responsible city officer who vouches for its correctness and reasonableness. (ordinance) Section 7.08. Alterations in the Budget. After the budget (resolution) has been (ordinance) adopted, the council shall not increase the amounts fixed in the (resolution) beyond the estimated receipts except to the extent that actual receipts exceed the estimate. (ordinance) At anytime the council may, by (resolution) approved by a majority of its members, (ordinance) reduce the sums appropriated for any purpose by the budget (resolution), or authorize the transfer of sums from unencumbered balances of appropriations in the budget resolution to other purposes. Section 7.09. Funds. There shall be maintained in the city treasury a general fund and such other funds as may be required by state statute, ordinance, or resolution. The council may, by resolution or ordinance, make inter-fund loans, except from trust and agency funds, as it may deem necessary and appropriate. Section 7.10. City Indebtedness. 7.10.01. Except as provided in sections 7.11. and 7.12., no obligation shall be issued to pay current expenses, but the council may issue and sell obligations for any other municipal purpose in accordance with state statute and within the limitations prescribed by law. Except in the case of obligations for which an election is not required by this charter or state law, no such obligations shall be issued and sold without the approval of the majority of the voters voting on the question at a general or special election. Pg.7-5/2