§9-1. Amendment of statute. [Amended 10-21-09 by L.L. No. 1-2009; Amended 5-9-12 by Ord. No.12-34]

Section 76 of Chapter 55 of the Laws of 1909, being § 76 of the Second Class Cities Law, and as amended bythe City of Binghamton thereafter in March 1942 and October 1970, is hereby superseded and amended to readas follows:

Section 76. Annual appropriations. When the Council shall have adopted the final estimate, the same shall be included at large in its minutes and become a part of its proceedings. The several sums enumerated for expenditures therein shall be and become appropriated in the amounts and for the several boards, departments, bureau, or office thereof and purposes as therein specified for the fiscal year, except that the Comptroller and City Treasurer are authorized and empowered to transfer funds, within a board, department, bureau, or office thereof, when necessary to provide for the expense of conducting the business of the City in such board, department, bureau or office thereof, in amounts not to exceed $2,500, and whenever the transfer exceeds $2,500 and does not exceed $10,000 such transfer shall first be approved by the Board of Estimate and Apportionment and the Chairman of the Finance Committee or the Chairman’s designee from the Finance Committee. The Chairman of the Finance Committee or to the Chairman’s designee shall notify Council of all such budget transfers. Any transfer not approved by the Chairman of the Finance Committee or the Chairman’s designee, from department to department, or exceeding $10,000, shall be authorized and empowered by ordinance of the Council. No transfer shall be made of funds appropriated for state or county taxes, for the purpose of paying the principal or interest of any City indebtedness, for the purpose of paying any judgments against the City, for pension fund and for library or hospital purposes; and no transfer of funds shall be made that will deprive any officer or employee of the City of his or her salary or wages. The several sums therein enumerated as estimated revenues and the moneys necessary to be raised by tax in addition thereto to pay the expenses of conducting the business of the City and for the purposes contemplated by this chapter and otherwise by law, shall be and become applicable in the amounts therein named for the purposes of meeting said appropriations except as otherwise herein provided. In case the revenues received by the City exceed the amount of such estimated revenues named in said annual estimate, or in case there remain any unexpended balances or appropriations made for the support of the City government or for any other purpose, then such surplus revenues or such unexpended balances shall, except such sums as may be appropriated by ordinance to pay accounts incurred in the prior year then remaining unpaid, and except as otherwise provided by law, remain upon deposit and be included as a part of the estimated revenues for the succeeding year. When any moneys or revenues are received by any officer, board or department of the City, from any source other than by municipal tax, which are not otherwise appropriated, such moneys or revenues may be used and applied toward and in addition to the funds appropriated, as aforesaid, in such manner as in the judgment of the Council may be most beneficial to the City.