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• <br /> . . ® • . <br /> EXPLANATION OF <br /> CHARTER AMENDMENT PROPOSAL <br /> DEPARTMENT: Finance <br /> DATE: February 1, 1979 <br /> TITLE: Relating to Article X Financial Procedures, <br /> Payments and Obligations. <br /> PURPOSE: To provide for more realistic assignment of <br /> responsibility in certifying funds for some <br /> obligations. <br /> - PaymentsObligations <br /> Amend Section 10-11 Paymand n <br /> Prohibited: Certifications ; penalties. <br /> JUSTIFICATION: The present Charter provision places an onerous <br /> responsibility on thedirector of finance in <br /> certifying the availability of funds for all <br /> purchases and obligations, no matter how small. <br /> Yet in our decentralized system, appropriations <br /> are made to programs and agencies and agency heads <br /> are authorized to expend their appropriations. <br /> But the major part of these appropriations are <br /> controlled. For example, salaries comprise 60 per <br /> cent of total budget and 80 percent in agency <br /> budgets. Large purchases ( over $4000) are <br /> processed through the purchasing agent and any <br /> formal contract resulting therefrom must be <br /> certified as to availability of funds by the director <br /> of finance pursuant to Sec. 13-13 of the Charter and <br /> • <br /> -8- <br />