A. At the close of the fiscal year, an unencumbered appropriation for operations shall lapse into the fund from which appropriated.

B. An appropriation for capital improvement, or in connection with requirements of federal and state grants, shall not lapse until the purpose of the appropriation has been accomplished. When the capital improvement project is funded from the deferred maintenance fund, the unexpended remainder shall lapse to that fund immediately upon completion of the specific appropriation project. No funds from one project appropriation may be used to further or complete another project without review and reappropriation by the Assembly. For the purposes of this subsection, projects that are bid as a package for efficiency in project management and construction will be considered one project.

C. Upon the completion or abandonment at any time within any fiscal year of any work, improvement or other project for which a specific encumbrance has been made, as determined by the Finance Director, the balance of the specific encumbrance shall be returned to the unencumbered balance of the appropriation for said work, improvement or other project. In cases where the encumbrance is from a prior year appropriation the balance will revert to the undesignated fund balance of the fund from which the appropriation was made.

D. Annual appropriations to service areas do not lapse unless the service area loses its identity through merger or dissolution, in which case said appropriations shall lapse into such fund as the Assembly shall designate. (Ord. 2021-14 § 6, 2021; Ord. 2018-41 § 2, 2018; Ord. 2016-52 § 2, 2017; Ord. 2012-12 § 2, 2012; Ord. 2012-01 § 3, 2012; Ord. 2009-49 § 2, 2009; Ord. 2009-37 § 2, 2009; Ord. 2005-72 § 2, 2005; Ord. 2001-07 § 2, 2001; Ord. 85-001 § 2, 1985. 2004 Code § 3.01.060.)