(a) Each year at the time for preparation of the annual operating budget, the Governing Body shall determine an amount which is deemed to be necessary and which they will authorize and provide in the subsequent year for the special liability expense fund. At the same time, the Director of Administrative and Financial Services and City Attorney shall agree on an estimated and probable amount, which will remain unexpended at the end of the year and which will be carried forward to the subsequent year in the special liability expense fund. The Governing Body will then cause a general property tax to be levied in an amount that, together with the carryover balance and any revenue from any other source, will provide for the amount determined to be necessary.

(b) If at any time during any year the amount provided in the special liability expense fund shall be determined to be insufficient to pay the outstanding costs and expenditures necessary, the City Attorney shall formulate and recommend a plan to provide additional funds. The plan shall be within the guidelines of applicable law and shall be submitted to the Governing Body for action. Funds of the City that are properly classified as enterprise funds as defined by the National Council of Governmental Accounting, which shall include, but not be limited to, the water fund, wastewater fund, stormwater fund, and public parking fund, shall reimburse the special liability expense fund for all costs and expenditures incurred by such fund for the benefit of the enterprise fund. (Ord. 20183 § 5, 5-21-19.)