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<br />Funding Out Clause <br /> <br />Funds for payment of this Agreement have been provided through the City budget <br />approved by City Council for the current fiscal year only. State statutes prohibit the <br />obligation and expenditure of public funds beyond the fiscal year for which a budget has <br />been approved. However, the cost of items or services covered by this contract is <br />considered a recurring requirement and is included as a standard and routine expense of <br />the City to be included in each proposed budget within the foreseeable future. City Council <br />expects this to be an integral part offuture budgets to be approved during the period ofthis <br />contract except for unanticipated needs or events which may prevent such payments <br />against this contract. However, the City cannot guarantee the availability of funds, and <br />enters into this contract only to the extent such funds are made available. The fiscal year <br />for the City extends from October 1 st of each calendar year to September 30th of the <br />following calendar year. <br />