§ 106.341. Council appropriations for CRA; CRA Board authorized to allocate and transfer funds within the Plan Authorized Expenditures Category without further Council approval.

Council appropriations for a CRA shall be as set forth on the Approved CRA Budget. Upon the City's budget ordinance effective date and during the fiscal year, a CRA Board is authorized to allocate and transfer funds from the Unallocated Plan Authorized Expenditures amount shown within the Plan Authorized Expenditures Category to existing or new Plan Authorized Expenditures without further Council approval, subject to the requirements in Section 106.344 of this Subpart. Additionally, during the fiscal year a CRA Board may allocate and transfer funds between existing CRA Board approved Programs, Plan Capital Projects or Plan Professional Services without further Council approval, subject to the requirements in Section 106.344 of this Subpart. Upon the City's budget ordinance effective date, a CRA Board may only transfer funds between CRA Budget Categories contained in an Approved CRA Budget as provided in Section 106.342 below. Unless otherwise provided in Section 106.342 below, a CRA Board may not transfer funds within the Administrative Expenditures Category, the Financial Obligations Category or the Future Years Debt Reduction Category without prior Council approval.

(Ord. 2018-555-E , § 3)