The following terms when used in the rules of this part have
the following meanings:
"Act" means the home rule Act, Acts of the
Sixty-fourth General Assembly, chapter 1088, as amended.
"Budget amendment" means any change in the
appropriations of a city's budget after the budget has been finally adopted,
and that requires preparation and adoption as provided in Iowa Code section
384.16 and subject to protest in Iowa Code section 384.19.
If in these rules the committee has provided that amendments of
certain types or up to certain amounts do not require preparation and adoption
as provided in Iowa Code section 384.15 and are not subject to protest as
provided in Iowa Code section 384.19, then these types of amendments are not
considered to be budget amendments.
"Budget appropriation" means the allocation of
the total appropriation to each program for the following fiscal year, as
provided for by a city's budget as finally adopted. All appropriations shall be
allocated to one or more of the nine programs as defined in this rule.
Any expenditure authorized in Iowa Code sections 384.23 to
384.94 shall be deemed appropriated.
"Detailed budget" shall mean documenting
revenues and transfer in by sources and funds, and documenting expenditures and
transfers out by funds, functions and objects.
"Fund" means a fiscal and accounting entity
with a self-balancing set of accounts recording cash and other financial
resources, together with all related liabilities and residual equities or
balances, and changes therein, which are segregated for the purpose of carrying
on specific activities or attaining certain objectives in accordance with
special regulations, restrictions or limitations.
"Fund transfer resolution" means a resolution
of the city council which must be passed to allow for transfers between funds.
A fund transfer resolution must be completed for all transfers between funds
and must include a clear statement of reason or purpose for the transfer, the
name of the fund from which the transfer is originating, the name of the fund
into which the transfer is to be received, and the dollar amount to be
transferred. For transfers of utility surpluses outlined in subrule 2.5(5), the
calculation proving the surplus must also be shown in the resolution. Intrafund
transfers do not require a fund transfer resolution. Multiple transfers between
funds may be approved in one resolution, so long as each transfer's purpose,
originating fund or subfund, and receiving fund or subfund, and the amount of
transferred dollars are separately identified. Fund transfer resolutions may
also be included in budget or budget amendment adoption resolutions, so long as
each transfer's purpose, originating fund or subfund and receiving fund or
subfund, and the amount of transferred dollars are separately
identified.
"Intrafund transfer" means a transfer between
accounts or subfunds within a fund.
"Program" means any one of the following nine
major functions of public service that the city finance committee requires a
city to use in defining the city's program structure:
1. Public safety;
2. Public works;
3. Health and social services;
4. Culture and recreation;
5. Community and economic development;
6. General government;
7. Debt service;
8. Capital projects;
9. Business-type activities.
"Transfers between funds" means the transfer
of amounts from one fund to another fund.
