At the time of making the Annual Appropriation Bill the Mayor and Council may, if notice shall have been given in the annual estimate or yearly budget, reappropriate any unexpended balance in any fund for the use of some other fund if there be no outstanding bonds, warrants, or claims against the fund whose unexpended balance or portion thereof is sought to be reappropriated. No sinking funds or interest funds on outstanding bonds or moneys in any fund required to meet depreciation, replacement, or betterments reasonably contemplated, and no moneys credited to the Library Fund, the Auditorium Fund, or Park Fund shall ever be reappropriated. In the event that no reappropriation of funds is authorized as aforesaid, unexpended balances shall be carried forward and placed to the credit of the funds to which they belong when the books of the Municipal Treasurer are opened at the commencement of each fiscal year.
(1972 Code, § 1-1009)