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3. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY (Continued) <br />Budutary Information (Continued) <br />The amounts of proposed expenditures become appropriated to the objects and purposes named <br />in the budget upon the effective date after adoption. The total estimated expenditures of the <br />General Fund shall not exceed the total estimated resources of the fund (prospective income plus <br />cash on hand). <br />The City budget may be amended and appropriations may be altered in cases of public necessity, <br />as declared by the City Council. The City Manager has the ability to reallocate funds from one <br />line item to another within the various budget categories within the same department (i.e., <br />personnel services, other charges, contracted services, etc.), but City Council approval is <br />required for budget adjustments between departments. <br />The budget ordinance states that expenditures should not exceed the budget in the various <br />departments (administration, personnel, finance, etc.) within an individual fund. The City's <br />appropriation ordinance approves items as detailed in the approved budget. Budgeted amounts <br />reported are based on the budget ordinance originally adopted and as amended by the City <br />Council throughout the year. <br />Formal budgetary accounting is employed for all funds of the City, excluding Grants and Special <br />Entitlements, Karnack, Seized Asset, Library Memorial, Cemetery, Municipal Court Security <br />Fee, Parks and Recreation, Capital Projects and the Cemetery Perpetual Permanent Fund. <br />Annual operating budgets are prepared and presented for the General Fund, Debt Service Fund, <br />and all other Special Revenue Funds. All annual appropriations lapse at fiscal year -end. <br />Budgets for the Governmental Fund Types are prepared and adopted on the GAAP basis. <br />Budgets for expenses used for managerial control have been prepared for the Enterprise Funds <br />on a non -GAAP basis, which excludes depreciation, but includes capital outlay and total debt <br />service. <br />The City Council made several supplemental budgetary appropriations throughout the year. The <br />supplemental budgetary appropriations were not considered material. <br />35 <br />