The Village Board shall not authorize money to be drawn from the Treasury of the village nor shall the Village Board incur any obligation for the expenditure of money except as these expenditures or obligations that are made pursuant to the annual budget appropriations or that are made pursuant to any revised annual budget appropriations. Any unencumbered budget balance of the authorized appropriations shall revert to the General Fund and shall be subject to reappropriation by the Village Board. No order for payment may be issued in excess of funds available or appropriated for the purpose for which the order is drawn unless authorized by a two-thirds roll call vote of the Village Board.
(Prior Code, § 5.01(10)) (Ord. passed 3-11-2009)