The council may by ordinance establish a reserve fund for permanent public improvements and may appropriate thereto to any portion of the general fund cash surplus not otherwise appropriated at the close of any fiscal year. Appropriations from the fund shall be made only to finance improvements included in the capital budget.
Structure Code of Alabama
Chapter 51A - Montgomery County Municipalities.
Part 4 - Mayor-Council Act of 1973.
Section 45-51A-33.120 - Fiscal Year.
Section 45-51A-33.121 - Submission of Budgets.
Section 45-51A-33.122 - Preparation of Budgets.
Section 45-51A-33.123 - Scope of General Fund Budget.
Section 45-51A-33.124 - Balanced Budget Restrictions.
Section 45-51A-33.125 - Budget Message.
Section 45-51A-33.126 - Availability of Budgets for Inspection; Publication of Budget Message.
Section 45-51A-33.127 - Publication of Notice of Public Hearing.
Section 45-51A-33.128 - Action by the Council on the General Fund Budget.
Section 45-51A-33.129 - Adoption of General Fund Budget.
Section 45-51A-33.130 - Effective Date of Budget; Certification; Copies Made Available.
Section 45-51A-33.131 - Utility Budgets.
Section 45-51A-33.132 - Work Plan and Allotments.
Section 45-51A-33.133 - Additional Appropriations.
Section 45-51A-33.134 - Additional Appropriations.
Section 45-51A-33.135 - Emergency Appropriations.
Section 45-51A-33.136 - Appropriations to Lapse.
Section 45-51A-33.137 - Capital Budget.
Section 45-51A-33.138 - Certification of Funds; Penalties for Violation.
Section 45-51A-33.139 - Reserve for Permanent Public Improvements.