[R.O. 1966 C.S. § 10:9A-1]
a. 
All applications to the United States Department of Housing and Urban Development for community development block grant funds shall be accompanied by an appropriate line item budget.
b. 
After acceptance of such Federal monies, no funds shall be disbursed by the Department of Finance except pursuant to and within the limits of the line item budget approved by the Municipal Council.
c. 
Further, no budget transfers shall be made from any budget line item in the approved budget without receipt of prior approval by resolution of the Municipal Council.
d. 
Any grant funds received in connection with community development block grants awarded prior to the adoption of this chapter and which have not been encumbered or spent, shall not be expended or transferred except in accordance with this chapter.
[R.O. 1966 C.S. § 10:9A-2]
The Budget Officer, under the direction and supervision of the Business Administrator, shall supervise the administration of the aforesaid funds and shall be responsible for carrying out the provisions of this chapter.