§ 2-232. Restriction on budgeting and expenditures of general fund cash reserves.

(a)

In the preparation and adoption of the annual budget, no portion of the cash reserves of the general fund shall be appropriated for any purpose other than for matching funds for anticipated grant funds for such fiscal year except pursuant to a resolution approved by a two-thirds majority of all members of the city council.

(b)

The provisions of MCA § 7-6-4031(2) notwithstanding, except for emergency appropriations made pursuant to MCA Title 10, Chapter 3 and MCA § 7-6-4032, no amended appropriation shall be made to the annual budget that would appropriate cash reserves of the general fund unless such amendment is pursuant to a resolution approved by a two-thirds majority of all members of the city council.

(c)

General fund cash reserves appropriated pursuant to subsections (a) and (b) above, shall not be transferred from the appropriation item for which they were approved to another appropriation item in the same fund pursuant to MCA § 7-6-4031(1) unless such transfer is pursuant to a resolution approved by a two-thirds majority of all members of the city council.

(Ord. No. 1249, § 1, 2-12-13)