A. The Assembly may increase or decrease any item and may add or delete items in the Mayor’s proposed budget except as provided in FNSBC 7.12.040(A).

B. The Assembly shall, by May 31st of each year, approve the annual budget and shall by ordinance appropriate the necessary funds including the amount to be made available for local support to education. The amount appropriated for local support shall not be less than the amount determined by resolution provided for in FNSBC 7.12.040(B) but it may be higher.

C. If the Assembly fails to appropriate the total amount of money to be made available for local support to education, as established by the resolution required by FNSBC 7.12.040(B), on or before May 31st of each year, then on June 1st the amount stated in said resolution shall be appropriated to the School District for the following fiscal year by operation of law.

D. Notwithstanding the rules of the Assembly, no action of the Assembly in accordance with this section may be reconsidered, rescinded, repealed, or otherwise modified if the Presiding Officer determines that such modification cannot be completed within sufficient time to enable the Assembly to meet the time limits specified in subsections (B) and (C) of this section. The Presiding Officer’s determination may be challenged in accordance with the Assembly rules for challenging any other ruling of the chair. If the Presiding Officer’s determination that insufficient time exists is thus overruled, a proposed reconsideration, rescission, repeal, or other modification may be considered if it otherwise complies with the Assembly rules and with other provisions of law.

E. The appropriation ordinance adopted by the Assembly must include an appropriation for each department, fund, capital project or service area.

F. At the same time as the Assembly adopts the appropriation ordinance, it shall also adopt a resolution approving the budget document which allocates the appropriations to various expenditure categories. Once the Assembly has adopted a resolution approving the final budget document, transfer of funds within appropriations and between categories are permitted only in accordance with FNSBC 7.12.080. (Ord. 90-028 § 5, 1990; Ord. 89-101 § 5, 1990; Ord. 85-001 § 2, 1985. 2004 Code § 3.03.040.)