(a) Supplemental Appropriations. If during or before the fiscal year the City Manager certifies that there are available for appropriation revenues in excess of those estimated in the budget, the City Council by ordinance may make supplemental appropriations for the year up to the amount of such excess.
(b) Emergency Appropriations. To address a public emergency affecting the life, health, property or the public peace, the City Council may make emergency appropriations. To the extent that there are no available revenues or a sufficient fund balance to meet such appropriations, the Council may by such emergency ordinance, authorize the issuance of emergency notes, which may be reviewed from time to time, but the emergency notes and renewals of any fiscal year shall be paid or refinanced as long-term debt not later than the last day of the fiscal year next succeeding that in which the emergency appropriation was made.
(c) Reduction of Appropriations. If at any time during the fiscal year it appears probable to the City Manager that the revenues or fund balances available will be insufficient to finance the expenditures for which appropriations have been authorized, the Manager shall report to the City Council without delay, indicating the estimated amount of deficit, any remedial action taken by the Manager and recommendations as to any other steps to be taken. The Council shall then take such further action, as it deems necessary to prevent or reduce any deficit and for that purpose it may by ordinance reduce or eliminate one or more appropriations.
(d) Transfer of Appropriations. At any time during or before the fiscal year, the City Council may by resolution transfer part or all of the unencumbered appropriation balance from one department, fund, service, strategy or organization unit to the appropriation or other departments or organizational units or a new appropriation. The Manager may transfer funds among programs within a department, fund, service, strategy or organizational unit, and shall report such transfers to the Council in writing in a timely manner.
(e) Limitation: Effective Date. No appropriation for debt service may be reduced or transferred, except to the extent that the debt is refinanced and less debt service is required by law to be appropriated or by more than the amount of the unencumbered balance thereof. The supplemental and emergency appropriations and reduction or transfer of appropriations authorized by this section may be made effective immediately upon adoption.
(Ord. 956-06, passed 5-8-06, addition adopted by electorate 4-11-06)