[HISTORY: Adopted by the Council of the City of New Rochelle 12-20-1954 by Res. No. 271. Amendments noted where applicable.]
Pursuant to the provisions of the Charter of the City of New Rochelle, the Treasurer is hereby authorized to transfer, on or before December 31 of each year, to the contingent fund of said year all unencumbered balances of special appropriations, other than general department appropriations, whenever the purposes of such special appropriations have been completed; and the said Treasurer is hereby further authorized to transfer all unexpended balances in any department appropriation to the general appropriation of the same department and further to pay out of the general appropriation account of any department any operating deficits of such department for said year; and the said Treasurer is further authorized to transfer from the contingent fund, current reserve account, cash surplus account, or from one item to another, or from one account to another, in the budget or appropriation of said year to the credit of any department in which an operating deficit appears and for which no funds in the department appropriations of such department are available for the payment of said deficit, the amount of such deficit, all subject to the approval of the City Manager.