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<br /> DES:mmg 7/20/88 (# 6) <br />Ordinance. <br /> SECTION 7. provision of Interim Expenditures as of July 1,1989. <br />All unencumbered General Fund balances at the close of the Fiscal Year <br />June 30, 1989, except for those amounts otherwise legally disposed of, <br />are hereby appropriated to the General Fund program "Resources Held in <br />Reserve" . The Director of Finance is hereby authorized to transfer <br />monies appropriated to the program "Resoures Held in Reserve" pursuant <br />to this section from said program to any other program or budget item <br />established by this 1988-89 Fiscal Year Budget Ordinance, for <br />expenditure from such other program or budget item, without further <br />Council approval for such transfer; provided, however, that the sum of <br />all expenditures of General Fund monies during the Fiscal Year July 1, <br />1988 - June 30, 1989, plus the interim period between the close of the <br />Fiscal Year June 30, 1989, and the date of adoption of a 1989-90 <br />Fiscal Year budget shall not exceed the total amount appropriated by <br />this 1988-89 Fiscal Year Budget Ordinance. <br /> All unencumbered balances in all funds other than the General <br />Fund at the close of the Fiscal Year June 30, 1989, are hereby <br />appropriated to those same funds for purposes of expenditure during <br />the interim period as previously specified in this section. Any <br />fund(s) which has or have no unencumbered balances as of June 30, <br />1989, shall receive no additional appropriation during said interim <br />period, and no expenditure of monies shall be authorized during said <br />interim period except as transferred from the General Fund by the <br />Finance Director. <br /> SECTION 8. Repeal. Ordinance No. 1952, adopted July 20, 1987, <br /> 5 <br /> --",.....-. <br />