Columbia General Provisions ordinance (Charter § 45)

1. No contract for the acquisition of any property or the construction of any improvement which is to be financed by bond shall be executed until the issuance of such bonds shall have been duly authorized.

2. The council, upon recommendation of the city manager, may make emergency appropriations to meet the pressing need for public expenditures for other than a regular or recurring requirement to protect the public health, safety or welfare. The total amount of all emergency appropriations made in any fiscal year shall not exceed five (5) per cent of the total operating appropriation made in the budget for that year.

3. The council may by ordinance authorize the director of finance to borrow money to meet the cash requirements of any fund in anticipation of the receipts from revenues for the current fiscal year. The aggregate amount of such loans shall not exceed the estimated cash receipts of said fund for the fiscal year then outstanding and uncollected. Such loans shall be repaid from revenues received during the fiscal year in which the loans are made. Such loans shall be due and payable not later than the last day of the fiscal year in which the loans are made. An affirmative vote of at least five-sevenths ( 5/7 ) of all members of the council shall be required to pass such ordinance. Such ordinance shall take effect immediately upon passage and shall not be subject to the referendum.

4. All fees, charges and commissions for city services, and all money in the form of rentals, payments for concessions, or other charges for the use or occupancy of city property received by any officer or employee, and all interest on public deposits shall belong to the city government, shall be regularly accounted for, and shall be paid to the city treasury under such regulations as may be prescribed by the director of finance.

5. All appropriations shall lapse at the end of the budget year to the extent that they shall not have been expended or lawfully encumbered.

(11-7-78; 4-2-85)