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HomeMy WebLinkAbout420 - Appropriation Transfers Between Years CITY OF REDDING COUNCIL POLICY RESOLUTION POLICY EFFECTIVE SUBJECT NUMBER NUMBER DATE PAGE Appropriation Transfers Between Years 99-94 420 711199 1 Background Departments have been authorized to make expenditures up to the amount appropriated by the City Council. If expenditures are anticipated to exceed the amount appropriated usually the department must seek a supplemental appropriation from the City Council. Now that the City has adopted a two-year budget there may be times when it would be beneficial for a department to move an appropriatiOn from the first year to the second year or to move an appropriation from the second year to the first year of the two-year budget. In these instances, there is no net impact to the City's budget. Purpose To allow department directors to manage their budget in the most efficient and effective way, the following policy would authorize the department heads, with the City Manager's approval, to transfer appropriations between years of an adopted two-year budget. Policy It is the policy of the City Council of the City of Redding to authorize the department heads, with the City Manager's approval, to administratively transfer appropriations between years of an adopted two-year budget. The following conditions shall be met for all administrative transfers between years: 1. Appropriations shall be transferred only for purposes previously approved by the City Council. 2. Appropriations shall not be transferred between funds. 3. Appropriations shall not be transferred between departments. 4. The number of positions authorized by the City Council shall not be changed administratively. Procedure Appropriation transfers such as those described above shall be approved in the same manner as Appropriation Transfer Requests ( reference Council Policy 401 ).