Sec. 5.37. Transfers Between Funds. (a) It shall not be lawful to transfer money from one fund to another, or to use the same in payment of demands upon another fund except in the case of the “ Unappropriated Balance ” and the “ Reserve Fund ,” or except as in the Charter specifically provided. (b) The Treasurer and Controller, however, when authorized and directed by the City Council by resolution, shall have power, and it shall be their duty to make such temporary transfers, in accordance with procedures established by applicable law, from the funds of the City in the Treasurer’s custody as may be necessary to provide funds for meeting obligations of the City. The amount of any such temporary transfers shall not at any one time exceed 85 percent of the ad valorem property taxes accruing to the City, and shall not be made after the last Monday in April of the current fiscal year, and shall be replaced from the taxes accruing to the City before any other obligations of the City is met from said taxes. SECTION HISTORY Based on Charter, Sec. 381. Amended by: Ord. No. 154,252, Eff. 9-11-80.