Title:
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Amends Section 20-1(c) of the Revised Municipal Code to update the rules for closing out small capital improvement projects (CIP) through appropriate accounting procedures - returning any remaining unexpended budget to the fund balance of the capital fund or enterprise fund - without additional ordinances. (GENERAL GOVERNMENT AND FINANCE) Amends Section 20-1(c) of the Revised Municipal Code to update the rules for closing out small capital improvement projects (CIP) through appropriate accounting procedures - returning any remaining unexpended budget to the fund balance of the capital fund or enterprise fund - without additional ordinances. The Committee approved filing this bill at its meeting on 3-30-11.
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