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Item Coversheet Page 2 of 2 <br /> BUDGET/TIME IMPLICATIONS: <br /> The City of Decatur,as an Appropriation Municipality,as determined by prior action of the City Council,follows State of Illinois <br /> statutory requirements which define the actions required by the City Council to estabiish the legal authority for the City to expend <br /> monies in the fiscal year. Such statutory requirements include the approval and adoption of the annual appropriation ordinance <br /> before the end of the ls�Quarter of the fiscal year.Failure to approve and adopt a new annual appropriation ordinance, limits the <br /> City's legal authority to expend monies to the last approved and adopted annual appropriation ordinance, or until the Council <br /> approves and adopts additional spending ordinances. <br /> ATTACHMENTS: <br /> Description Type <br /> Ordinance Ordinance <br /> Ordinance attachment Backup Material <br /> REVIEWERS: <br /> Department Reviewer Action Date <br /> Financial Management Bright,Debbie Approved 3/3/2016-3:07 PM <br /> https://decatur.novusagenda.com/AgendaWeb/CoverSheet.aspx?ItemID=467 3/7/2016 <br />