Prohibit Funds from Exceeding Annual Appropriations and Require City Council Approval Amendment

Shall Section 6-103 of the Home Rule Charter of the City of New Orleans be amended (i) to prohibit allotments, reallotments, or transfers of budgeted operating funds that will cause, or that are reasonably anticipated to cause, expenditures from any funding category for any department to exceed the amount appropriated for that fiscal year, unless an amendment to the operating budget ordinance reflecting the increase has been adopted and approved, (ii) to require monthly reports to the City Council regarding expenditures to assess whether spending remains in line with the approved budget, and (iii) to prohibit the approval of any requisition, purchase order, voucher or check that would cause, or that is reasonably anticipated to cause, any category of expenditures in the approved annual operating budget to exceed the appropriated amount for that fiscal year, all as more fully described in Ord. No. 30553, M.C.S.?