Except as otherwise restricted by law, the governing board may amendthe budget ordinance at any time after the ordinance's adoption in any manner,so long as the ordinance, as amended, continues to satisfy the requirements ofG.S. 159‑8 and 159‑13. However, except as otherwise provided inthis section, no amendment may increase or reduce a property tax levy or in anymanner alter a property taxpayer's liability, unless the board is ordered to doso by a court of competent jurisdiction, or by a State agency having the powerto compel the levy of taxes by the board.
If after July 1 the local government receives revenues that aresubstantially more or less than the amount anticipated, the governing body may,before January 1 following adoption of the budget, amend the budget ordinanceto reduce or increase the property tax levy to account for the unanticipatedincrease or reduction in revenues.
The governing board by appropriate resolution or ordinance may authorizethe budget officer to transfer moneys from one appropriation to another withinthe same fund subject to such limitations and procedures as it may prescribe.Any such transfers shall be reported to the governing board at its next regularmeeting and shall be entered in the minutes. (1927, c. 146, s. 13; 1955, cc. 698, 724; 1971, c. 780, s. 1; 1973, c.474, s. 12; 2001‑308, s. 3; 2002‑126, s. 30A.2.)
Except as otherwise restricted by law, the governing board may amendthe budget ordinance at any time after the ordinance's adoption in any manner,so long as the ordinance, as amended, continues to satisfy the requirements ofG.S. 159‑8 and 159‑13. However, except as otherwise provided inthis section, no amendment may increase or reduce a property tax levy or in anymanner alter a property taxpayer's liability, unless the board is ordered to doso by a court of competent jurisdiction, or by a State agency having the powerto compel the levy of taxes by the board.
If after July 1 the local government receives revenues that aresubstantially more or less than the amount anticipated, the governing body may,before January 1 following adoption of the budget, amend the budget ordinanceto reduce or increase the property tax levy to account for the unanticipatedincrease or reduction in revenues.
The governing board by appropriate resolution or ordinance may authorizethe budget officer to transfer moneys from one appropriation to another withinthe same fund subject to such limitations and procedures as it may prescribe.Any such transfers shall be reported to the governing board at its next regularmeeting and shall be entered in the minutes. (1927, c. 146, s. 13; 1955, cc. 698, 724; 1971, c. 780, s. 1; 1973, c.474, s. 12; 2001‑308, s. 3; 2002‑126, s. 30A.2.)
Except as otherwise restricted by law, the governing board may amendthe budget ordinance at any time after the ordinance's adoption in any manner,so long as the ordinance, as amended, continues to satisfy the requirements ofG.S. 159‑8 and 159‑13. However, except as otherwise provided inthis section, no amendment may increase or reduce a property tax levy or in anymanner alter a property taxpayer's liability, unless the board is ordered to doso by a court of competent jurisdiction, or by a State agency having the powerto compel the levy of taxes by the board.
If after July 1 the local government receives revenues that aresubstantially more or less than the amount anticipated, the governing body may,before January 1 following adoption of the budget, amend the budget ordinanceto reduce or increase the property tax levy to account for the unanticipatedincrease or reduction in revenues.
The governing board by appropriate resolution or ordinance may authorizethe budget officer to transfer moneys from one appropriation to another withinthe same fund subject to such limitations and procedures as it may prescribe.Any such transfers shall be reported to the governing board at its next regularmeeting and shall be entered in the minutes. (1927, c. 146, s. 13; 1955, cc. 698, 724; 1971, c. 780, s. 1; 1973, c.474, s. 12; 2001‑308, s. 3; 2002‑126, s. 30A.2.)
