§ 35A.33.102. Registered warrants -- Appropriations
In adopting the final budget for any fiscal year, the council shall appropriate from estimated revenue sources available, a sufficient amount to pay the principal and interest on all outstanding registered warrants issued since the adoption of the last preceding budget except those issued and identified as revenue warrants and except those for which an appropriation previously has been made: PROVIDED, That no portion of the revenues which are restricted in use by law may be appropriated for the redemption of warrants issued against a utility or other special purpose fund of a self-supporting nature: PROVIDED FURTHER, That all or any portion of the city's outstanding registered warrants may be funded into bonds in any manner authorized by law.
[1967 ex.s. c 119 § 35A.33.102.]
Sections: Previous 35A.33.055 35A.33.060 35A.33.070 35A.33.075 35A.33.080 35A.33.090 35A.33.100 35A.33.102 35A.33.105 35A.33.110 35A.33.120 35A.33.122 35A.33.125 35A.33.130 35A.33.135 NextLast modified: April 7, 2009