The mayor may at any time direct the transfer of any unencumbered appropriation balance
or portion of such balance among general classifications of expenditures within an
agency. At the request of the mayor, the city commission may within any fiscal year
transfer any unencumbered appropriation balance or portion of such balance from one
agency to another, provided, no transfer shall be made from the appropriations that
are not permitted by Florida law. Unbudgeted revenue and budget revenue classified
as contingent may be appropriated by the city commission at any time, provided amounts
of more than five hundred dollars ($500.00) shall be appropriated by resolution.
All appropriations shall lapse at the end of the fiscal year to the extent not validly
expended or encumbered; provided, however, for enterprise funds all encumbrances outstanding
at September 30 shall be computed, and the budget for the ensuing year increased by
budget carry-over, to cover the encumbrances with the excess of revenues over expenditures
from the prior budget. Unanticipated revenue from a nonrecurring source or transaction
may not lapse into surplus but may be appropriated during the fiscal year of receipt
or any following fiscal year.
(Ord. No. 4392-11, 11-28-2011)
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