§ 2-126. No operating deficits.

Latest version.

Current expenditures will be paid with current revenues. Deferrals, short-term loans, or one-time sources will be avoided as budget balancing techniques. Reserves will be used only for emergencies or nonrecurring expenditures, except when balances can be reduced because their levels exceed guideline minimums.

(Ord. No. 2011-50, § 1(Exh. A), 9-20-11)

                    
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