(A) The power of the Mayor to transfer any unencumbered appropriation balance from one classification of expenditure to another within the same agency, as permitted by § 9D-1(a) of the Charter, shall be limited to the amount of $1,000 per occurrence and $5,000 in the aggregate. All transfers in excess of the stated amounts as well as any transfers between agencies shall be submitted to the Board of Aldermen for approval.
(B) The Mayor is authorized to approve intra-agency transfers within a classification of expenditure, upon certification of the availability of funds in the agency budget by the Budget Director.
(Ord. passed 2-11-2003)