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1995 Ordinances
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1995 Ordinances
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2/6/2009 3:40:12 PM
Creation date
6/11/2001 5:15:42 PM
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Ord/Resolutions
Year
1995
Ord/Resolutions - Type
Ordinances
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2. That: <br /> <br /> (a) The appropriations hereby made, except those for <br />debt service and School Operating Fund and other school funds, <br />shall be made available on the approval of the Ciuy Manager, <br />who shall report no the City Council quarterly in detail all <br />expenditures made for the preceding quaruer, and all funds, as <br />far as practicable, shall be expended in equal amounts each <br />month. <br /> <br /> (b) The appropriations for debt service shall be made <br />available as same may become due. <br /> <br /> (c) The City Manager is hereby authorized au any time <br />during the fiscal year uo effect any consolidation of offices <br />or to make other changes he may deem uo be in the interest of <br />the City, provided there is no increase in expense. <br /> <br /> 3. That the Director of Finance is hereby authorized no <br />transfer funds for the purpose of equalization, from any fund <br />in one authorized bank no the same fund in another bank, <br />provided the transfer check is counnersigned by the City <br />Treasurer or other designated official. <br /> <br /> 4. That the Direcuor of Finance is hereby authorized no <br />transfer funds, as a memporary loan, from one fund of the City <br />to any other fund of the City, provided the transfer check is <br />countersigned by the City Treasurer or other designated <br />official. <br /> <br /> 5. That to the exnenu that any monies in the accounts of <br />the School Board derived from sources other than the <br />Commonwealth of Virginia are unexpended am the end of the <br />fiscal year 1995-96, and thus become available for use the nexm <br />fiscal year, the City's share of the appropriation made for <br />education and scholarships for the next ensuing year shall be <br />decreased by a like amounm. <br /> <br />6. That this ordinance shall take effect on July 1, 1995. <br /> <br /> Adopted by the Council of the Cimy of Portsmouth, <br />Virginia, at a meeting held on April 25, 199~- <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />
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