Transfer of money from one budget classification to another
Sec. 6. (a) The proper officers of a political subdivision may
transfer money from one major budget classification to another
within a department or office if:
(1) they determine that the transfer is necessary;
(2) the transfer does not require the expenditure of more money
than the total amount set out in the budget as finally determined
under this article; and
(3) the transfer is made at a regular public meeting and by
proper ordinance or resolution.
(b) A transfer may be made under this section without notice and
without the approval of the department of local government finance.
(Formerly: Acts 1975, P.L.47, SEC.1.) As amended by P.L.57-1991,
SEC.2; P.L.90-2002, SEC.162; P.L.173-2003, SEC.7 and
P.L.256-2003, SEC.16.
Last modified: May 28, 2006