Changes in the annual budget.
Section 25
SEC. 25. Changes in the annual budget.—Changes in the annual budget may be made within the fiscal year by way of supplemental budgets which shall be enacted in the same manner as the annual budget but not oftener than once a month. Additional supplemental budgets, however, may in times of emergency be enacted in the manner herein provided to set aside appropriations for the purchase of supplies and materials and/or the payment of services which are exceptionally urgent or absolutely indispensable to prevent imminent danger to, or loss of, life or property. Whenever any change is made in the budget, the supplemental appropriation ordinance shall clearly indicate the various items of appropriations affected and the reasons for the change. SEC. 26. Failure to enact an annual budget.—If the local legislative body shall fail to pass the annual budget before the beginning of the ensuing fiscal year, or when the budget which has been enacted is declared inoperative in its entirety by the reviewing officer, the annual appropriations for salaries and wages of existing positions, statutory and contractual obligations, and essential operating expenses authorized in the annual and supplemental budgets for the preceding fiscal year shall be deemed re-enacted and disbursements of funds shall be in accordance therewith until a new budget or a revised budget meeting the objections of the reviewing officer is approved. In the implementation of a re-enacted budget, the local treasurer concerned shall exclude from the estimates of income for the preceding fiscal year those realized from non-recurring sources, like national aids, proceeds from loans, sale of assets, prior year adjustments, and other analogous sources of income. Should the revised income estimates be less than the aggregate re-enacted appropriations, the treasurer shall accordingly advise the local board or council which shall, within ten days from receipt of such advice, make the necessary adjustments or reductions. The revised appropriations authorized by the board or council shall then be the basis for disbursements.