The Recreation Board shall annually prepare a budget of the needs of the Department for the ensuing year. The Council shall annually appropriate to the Recreation Board such money from the General Fund as it deems necessary for the operation of the Department. Funds derived from joint, sponsorship, bequests, legacies, and such income shall be derived from earnings, fees, admissions, and other charges shall be deposited in the Special Recreation Fund and such account shall be used only for the functions of the Department and shall be disbursed as herein set forth:
(a) Prior to March 1 of each year, the Board shall make an estimate of the amount necessary for recreational purposes and transmit such budget to Council. The Board shall transmit to Council prior to December 1 of each year, a full detailed report of all its transactions for the preceding year together with an itemized account of all receipts and expenditures, a list of employees, and an inventory of property in charge of the Board.
(b) All moneys appropriated for recreation purposes, or received by subscription, gift, fees, and otherwise for recreational purposes, shall be paid over to the Clerk- Treasurer and be disbursed by order of the Village Council drawn upon the Clerk- Treasurer to pay accounts or obligations that have been audited and allowed by the Board and presented to the Clerk-Treasurer. Such orders shall be paid by the Clerk-Treasurer in the manner provided by the statutes of the State of Ohio. The Board shall not contract any liability on the part of the Village in excess of the budget authorized by Council, except upon application to and approval by Council.
(Ord. 721. Passed 12-12-88.)