(a) Neither Council nor any department of the City shall add to the Municipal expenditures provided for in the annual appropriation ordinance in any fiscal year. No expenditure for an improvement to be paid for out of the General Fund of the Municipality shall exceed, in any fiscal year, the amount provided for that improvement in the annual appropriation ordinance.
(b) However, nothing contained in this section shall prevent Council, by a two-thirds vote, from making additional appropriations for the purpose of making improvements or restorations caused by any casualty or accident happening after an annual appropriation ordinance is passed, or from making additional appropriations necessary to meet any emergency happening after and unforseen at the time of the passing of the annual appropriation ordinance. For the purpose of providing for such additional appropriations, Council, by a two-thirds vote, may authorize the Mayor to borrow the amount of money necessary therefor, for a time not to exceed beyond the close of the next fiscal year. The sum borrowed and the interest thereon shall be added to the amount authorized to be raised in the next general tax levy and embraced therein. "Emergency," as used in this section, means a condition requiring immediate action to suppress or prevent the spread of disease or to prevent or remove imminent danger to persons or property.
(c) If a judgment is obtained against the City, the Mayor may borrow a sufficient amount to pay the judgment for a time not to extend beyond the close of the next fiscal year. The sum borrowed and the interest thereon shall, in like manner, be added to the amount authorized to be raised in the general tax levy of the next year and embraced therein.
(1942 Code Chap. XVI, Sec. 3)