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1998-15 Budget/Use of Unappropriated Fund Balance ORDINANCE N0. 15-98 AN ORDINANCE OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA, AMENDING SECTION 2-118, BUDGET, OF ARTICLE IV, MANAGER, OF CHAPTER TWO OF THE CODE OF ORDINANCES OF THE VILLAGE DELETING THE REQUIREMENT THAT THE VILLAGE MANAGER MUST FURNISH A BALANCED BUDGET WITHOUT THE USE OF UNAPPROPRIATED FUNDS; PROVIDING FOR THE REPEAL OF ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH; AND, PROVIDING FOR AN EFFECTIVE DATE. BE IT ORDAINED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA: Section 1. Section 2-118, Budget, of Article IV, Manager, of Chapter 2 of the Code of Ordinances of the Village is amended by deleting the requirement that the Village Manager must • furnish a balanced budget without the use of unappropriated funds and to read as follows: "5EC.2-118. Budget. The Village Manager shall furnish the Village each fiscal year with a balanced budget." Section 2. All Ordinances or parts of Ordinances in conflict herewith are hereby repealed. Section 3. This Ordinance shall take effect immediately upon passage. PLACED ON FIRST READING THIS 9th DAY OF .luny 1998. PLACED ON SECOND, FINAL READING AND PASSED ON THIS 9th DAY OF • auiY , 1998. • (VILLAGE SEAL) ATTEST: ~- VILLAGE CLERK •