Code of Alabama

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11-43C-73
Section 11-43C-73 Revenue notes. In any budget year, in anticipation of the collection of revenues,
the council may by resolution authorize the borrowing of money by the issuance of negotiable
notes of the city, each of which shall be designated "revenue note for the year _____
(stating the budget year)." Such notes may be renewed from time to time, but all such
notes, together with the renewals, shall mature and be paid not later than the end of the
fiscal year after the budget year in which the original notes have been issued. Such borrowing
shall be subject to any limitation provided by law. (Acts 1987, No. 87-102, p. 116, §73.)...

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11-44C-73
Section 11-44C-73 Revenue notes. In any budget year, in anticipation of the collection of revenues,
the council may by resolution authorize the borrowing of money by the issuance of negotiable
notes of the city, each of which shall be designated "revenue note for the year _____
(stating the budget year)." Such notes may be renewed from time to time, but all such
notes, together with the renewals, shall mature and be paid not later than the end of the
fiscal year after the budget year in which the original notes have been issued. Such borrowing
shall be subject to any limitation provided by law. (Acts 1985, No. 85-229, p. 96, §73.)...

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11-49A-18
Section 11-49A-18 Annual budget; amendments; annual audit. Within 30 days of the beginning
of the fiscal year of an authority, the board shall adopt a budget for such fiscal year. Any
such budget may be amended by a resolution of the board from time to time and at any time.
Within 30 days following the close of each fiscal year the authority shall cause an audit
of its books and records to be made for such fiscal year by an independent certified public
accountant. Within 90 days following the close of each fiscal year the authority will furnish
a copy of such audit to the governing body of the authorizing municipality. (Acts 1979, No.
79-777, p. 1380, §18.)...
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45-8A-23.121
Section 45-8A-23.121 Preparation and submission of budget proposal. The city manager, at least
35 days prior to the beginning of each budget year, shall submit to the council a budget proposal
and an explanatory budget message in the form and with the contents provided by Sections 45-8A-23.131
to 45-8A-23.134, inclusive. For such purpose, at such date as he or she shall determine, he,
she, or an officer designated by him or her, shall obtain from the head of each office, department,
board, or agency estimates of revenue and expenditure of that office, department, board, or
agency, detailed by organization units and character and object of expenditure, and such other
supporting data as he or she may request; together with an estimate of all capital projects
pending or which such department head believes should be undertaken (a) within the budget
year and (b) within the five next succeeding years. In preparing the budget, the city manager
shall review the estimates, shall hold hearings...
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45-8A-23.188
Section 45-8A-23.188 Borrowing in anticipation of property taxes. In any budget year, in anticipation
of the collection of the property tax for such year, whether levied or to be levied in such
year, the council may by resolution authorize the borrowing of money by the issuance of negotiable
notes of the city, each of which shall be designated "tax anticipation note for the year
2___." (stating the budget year). Such notes may be issued for periods not exceeding
one year and may be renewed from time to time for periods not exceeding one year, but together
with renewals shall mature and be paid not later than the end of the third fiscal year after
the budget year in which the original notes shall have been issued. The amount of the tax
anticipation notes originally issued in any budget year shall not exceed 50 percent of the
amount of the property tax levied in that year for general city purposes. On renewal of tax
anticipation notes of any given fiscal year, the amount renewed in the...
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11-43C-58
Section 11-43C-58 Emergency appropriations. At any time in any budget year, the council may
make emergency appropriations to meet a pressing need for public expenditures, for other than
a regular or recurring requirement, to protect the public health, safety, or welfare. Such
appropriation may be made by the council by not less than four affirmative votes, but only
on the recommendation of the mayor. (Acts 1987, No. 87-102, p. 116, §58.)...
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11-44C-58
Section 11-44C-58 Emergency appropriations. At any time in any budget year, the council may
make emergency appropriations to meet a pressing need for public expenditures, for other than
a regular or recurring requirement, to protect the public health, safety, or welfare. Such
appropriation may be made by the council by not less than five affirmative votes, but only
on the recommendation of the mayor. (Acts 1985, No. 85-229, p. 96, §58.)...
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11-49B-17
Section 11-49B-17 Annual budgets and audits required. Within 30 days of the beginning of the
fiscal year of an authority, the board shall adopt a budget for the fiscal year. The budget
may be amended by a resolution of the board at any time. Within 30 days following the close
of each fiscal year the authority shall cause an audit of its books and records to be made
for the fiscal year by an independent certified public accountant. Within 90 days following
the close of each fiscal year, the authority shall furnish a copy of the report of the audit
to the governing bodies of the authorizing county, the principal municipality, and each participating
municipality. (Acts 1997, No. 97-678, p. 1308, §17; Act 97-896, p. 262, §5.)...
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29-13-4
Section 29-13-4 Transfer of funds. (a) Beginning on October 1, 2020, and on October 1 of each
fiscal year thereafter, there is transferred into the General Fund Budget Reserve Fund established
in Section 29-13-3, 20 percent of the ending balance in the General Fund from the previous
fiscal year that was unanticipated and unappropriated by the Legislature as a beginning balance
in the current fiscal year. The Legislature shall set forth the amount of the beginning balance
anticipated and appropriated in the General Fund appropriation each year beginning in the
General Fund appropriation act for the fiscal year beginning October 1, 2020. The Director
of Finance shall transfer 20 percent of the unanticipated and unappropriated beginning balance
by November 15 of each year. (b) The transfer authorized pursuant to subsection (a) shall
be made each year when the balance in the General Fund Budget Reserve Fund at the end of a
fiscal year is less than one hundred million dollars...
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45-37A-52.129
Section 45-37A-52.129 Adoption of general fund budget. (a) Not later than the 20th day of June
of the current fiscal year, the council by a majority vote shall adopt the general fund budget,
and such ordinances providing for additional revenue as may be necessary to put the budget
in balance. If for any reason the council fails to adopt the general fund budget on or before
such day, the general fund budget of the current fiscal year shall be the general fund budget
for the ensuing year, until such time as a newly revised budget shall be adopted by the council,
and, until such time, shall have full force and effect to the same extent as if the same had
been adopted by the council, notwithstanding any thing to the contrary in this part. (b) If
the council enacts the ordinance authorized by Section 45-37A-52.120, the council shall adopt
the general fund budget by September 20th of any period in which the city's fiscal year is
October 1 to September 30, or the September 20th immediately...
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