§ 2-200. Automatic annual appropriation to reserve accounts

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There is hereby appropriated to each and every reserve for proceeds of taxes for budget adjustment in each and every fund any and all amounts of revenues which constitute proceeds of taxes which are in excess of the total expenditures of proceeds of taxes as of the close of each fiscal year. Such appropriations shall occur annually and be effective as of the close of the last day of the fiscal year, and shall constitute appropriations subject to limitation only for the fiscal year in which they are appropriated to the reserve account.

(Ord. No. 81-10, § 2, 6-15-81)

                    
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