HomeMy WebLinkAboutD-998 Restrict Budget Transfer ORDINANCE D- ~~
AN ORDINANCE RESTRICTING BUDGET TRANSFERS
WITHIN DEPARTMENTS
WHEREAS, Indiana Code allows for transfers within departments and
budgets of elected officials of a third class city without the
approval of the Common Council of the City of Carmel; and'
WHEREAS, the Common Council of the City of Carmel, Indiana, is
desirous of restricting category transfers within the City
Departments and in the budgets of all elected officials;
NOW THEREFORE, BE IT ORDAINED by the Common Council of the City of
Carmel, Indiana as follows:
1. Whenever funds in a line item in an approved budget are
requested to be transferred during the budget year, the request for
transfer of funds shall be approved by resolution of the Common
Council prior to the transfer taking place.
2. Applications for a monetary transfer shall be made through
the Office of the Clerk-Treasurer and placed on the Common Council
agenda for hearing at its next regular or special session.
3. In the event an emergency exists, the President of the
Council may temporarily approve the transfer of funds after
certification by the Clerk-Treasurer that the funds are available
for transfer. The resolution must then be presented at the next
Council meeting for approval.
AYE
Passed by the Common Council for the City of Carmel, Indiana this
7~k day of <-~_, 1993.
Common Council for the City of Carmel
Mayor T. l~ NAY
Attest: ./
//~usan W. Repp,