Tennessee Code 6-56-209 – Transfer of money
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Terms Used In Tennessee Code 6-56-209
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Officer: means the mayor, aldermen, city attorney and city judge. See Tennessee Code 6-1-101
The governing body by appropriate resolution or ordinance may authorize the budget officer to transfer moneys from one appropriation to another within the same fund, subject to such limitations and procedures as it may prescribe. Any such transfers shall be reported to the governing body at its next regular meeting and shall be entered in the minutes.