HomeMy WebLinkAboutD-624 Restricting Budget Transfers with DepartmentsORDINANCE NO. D- C0�
J.N QrRDINA 1j AMENDING ORDINANCE B -157
RESPRTCT nuDGET TRANSFERS WITHIN ;DEPARTMENTS
WHEREAS, Ordinance 13-17 permits the transfer by each City
Department of monies within the same category 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;
NOW, THEREFORE, BE IT ORDAINED by the Common. Council of the
City of Carmel, Indiana, that Ordinance i3 -157 is amended 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 writtcn 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
Common Council may approve the transfer of funds after
certification by the Clerk that the funds are .available
for transfer.
4. The rules and procedures of the Common Council as
prescribed in Ordinance D -271 shall be amended so that the agenda
item "Transfers" shall be considered by i:ho Council immediately
after it considers the agenda item "Minutes".
Passed by the Common Council fot the City of Carmel.
Indiana, this .20 day of
1989.
ATTESTATION:
SAN JONES
Clerk- TrEinc ;ure
COMMON COUNCIL 'OR THE CITY OF
CARMEL, INDIANA
BY:
✓ate
DO tOTfY NC:OCK