Upon the written recommendation of the Mayor, the Council may at any time transfer an unencumbered balance of an appropriation made for the use of one department, division or purpose to any other department, division or purpose, but no such transfer of revenues or earnings of any non-tax supported public utility to any other purpose shall be made, except that at the close of the fiscal year transfers may be made of the earnings of the transit system or of any utility hereafter acquired by the City not in excess of the amount which said utility would pay in the form of taxes available for the General Fund and debt service of the City of Cleveland if privately owned and subject to the terms of any indenture of mortgage affecting the transit system or other utility hereafter acquired. Any provision of this Charter notwithstanding, nothing in this Charter shall be construed to prohibit the use, transfer, or expenditure of tax revenues for the operations, improvements or debt service of any City- owned public utility.
(Effective November 6, 1990)