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Mounds View Charter Commission Date: June 30, 2004 Charter Updates; Category 2 Items; Chapter 7 Revision—Draft 7 Page6 of 7 encumbrances against the appropriation-No officer or employee of the City shall place any order or make any purchase except for a purpose and to the amount authorized in the budget resolution. and in compliance with the purchasing policies of the City established by the City Council under the City Charter. the City Code and state statute. Any obligation incurred by any person in the employ of the City for any purpose not authorized in the budget resolution, or for any amount in excess of the amount authorized, shall be a personal obligation upon the person incurring the obligation. No check shall be issued or transfer made to any account other than one owned by the City until the claim to which it relates has been supported by an itemized bill,payroll, or time sheet or other document approved and signed by the responsible City officer who vouches for its correctness and reasonableness. Section 7.08. Alterations in the Budget. After the budget resolution has been adopted,the Council may amend the budget by resolution but shall not increase the amounts fixed in the resolution beyond the estimated receipts and/or reserves, except to the extent that actual receipts exceed the estimate or to implement Section 7.12 herein. At anytime the Council may,by resolution approved by a majority of its members,reduce the sums appropriated for any purpose by the budget resolution, to increase reserves, or authorize the transfer of sums from unencumbered balances of appropriations in the budget resolution to other purposes, provided, however, the Clerk Administrator may make transfer of sums within the major expense classification in a department. The Department head may not transfer appropriations between major expense classifications within a department nor may the Clerk Administrator or Department Head transfer appropriations between departments without council approval, excluding Just and Correct Claims. Section 7.09. Funds. (no changes) Section 7.10. City Indebtedness. Subdivision 1. Except as provided in Sections 7.11 and 7.12,no obligation shall be issued to pay current expenses,but the Council may issue and sell obligations for any other municipal purpose in accordance with state law in MN Statute 475, as amended,�irt the limiwions piresefibed by!a Exeept In the case of obligations for which an election is not required by this Chapter or by state law,no such obligations shall be issued and sold without the approval of the majority of the voters voting on the question at a general or special election. Subdivision 2. A description of each such proposed issue shall be published in the official Ci , newspaper,the City Newsletter, and, if available;the City website, ut failure to give such description, or any defect in the description, shall not invalidate the issue. Section 7.11. 1. Anticipation Certificates. At anytime after January 1, in accordance with MN Statute 412.261, as amended, City of Mounds View