§ 106.309. Capital improvement appropriations carried over.
Latest version.
Capital improvement project appropriations which are listed in the budget ordinance
as
Capital Improvement Projects Not Lapsed
shall be considered as having carried over to the current fiscal year only so much
of the appropriation for the capital improvement project as was unencumbered and unimpounded
on September 30 of the previous fiscal year. The amount so carried over shall include
the expense budget, current budget, encumbrances, balances and the date of inception
of the project. The amount so carried over shall constitute the maximum amount available
for encumbrance and disbursement in the current fiscal year and with respect to which
the provisions of Section 106.308 are applicable, unless during the fiscal year additional appropriations or transfers
are made to the capital outlay project.
