(A) Any unencumbered funds, appropriation balance or portion thereof may be transferred to the Interfund Transfer Account and used at the direction of the executive authority to supplement any department, program, function or objective contained in the approved budget ordinance.
(B) Any such transfers in excess of $7,500 shall first be approved by City Council.
(C) Any transfers equal to or less than $7,500 shall first be approved by the Mayor.
(Ord. 10-81, passed 6-16-1981; Ord. 12-87, passed 7-28-1987)