3.05.070 Budget amendments.
A city budget finally adopted for the following fiscal year becomes effective July 1st and constitutes the city appropriation for each program and purpose specified therein until amended as provided by this section.
Statutory reference note: Iowa Code, Section 384.18.
(1) Program Increase. Any increase in the amount appropriated to a program must be prepared, adopted and subject to protest in the same manner as the original budget.
Statutory reference note: Iowa Code, Section 384.18; Iowa Departmental Rules, Jan. 1975 Supp., Page 26, Section 2.2.
(2) Program Transfer. Any transfer of appropriation from one program to another must be prepared, adopted and subject to protest in the same manner as the original budget.
Statutory reference note: Iowa Departmental Rules, Jan. 1975 Supp., Page 26, Section 2.3.
(3) Subprogram Transfer. Any transfer of appropriation from one subprogram to another must be approved by resolution of the council.
Statutory reference note: Iowa Departmental Rules, Jan. 1975 Supp., Page 26, Section 2.4.
(4) Activity Transfers. The clerk shall have the authority to adjust, by transfer or otherwise, the appropriation allocated to activities within a program or subprogram; provided, however, that when such adjustments in any one activity aggregate $1,000.00 or 20 percent of the amount appropriated, whichever is greater, no further adjustments shall be made without approval by resolution of the council.
Statutory reference note: Iowa Departmental Rules, Jan. 1975 Supp., Page 26, Section 2.4.
[Code 1975 § 1-1.0407.]