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The unencumbered balance of appropriations shall lapse at the close of the fiscal year. Reappropriations may be authorized by majority vote of the city council from the unencumbered balance of appropriations of one fiscal year to the next fiscal year before the approval of the budget closing ordinance as long as the Director of Administrative Services certifies that sufficient funds are available to be carried forward to the next fiscal year.
(Ord. 5274 § 1, 2014; Ord. 4274 § 2 (part), 1995)