§ 2-265. Finances and expenditures.

(a)

The Irmo Okra Strut Commission shall have control over the expenditure of funds, raised by or appropriated to the Okra Strut Commission, for the expenses incurred in the performance of its duties and functions within the parameters of their budget. The expenditure of funds shall be in compliance with administrative rules and procedures established to control the town's financial transactions. Prior to the adoption of the annual town budget, the town administrator shall submit to the council a realistic budget outline for approval by council no later than council's first meeting in February. The town's treasurer will ensure that the Okra Strut Commission has provided the proper documentation required for the disbursement of funds. The documentation will include verification from the Okra Strut Administrator that the proper account is identified and that sufficient funds are available prior to being submitted to the town administrator for final approval.

(b)

The Okra Strut Chairman will be responsible for ensuring that the Okra Strut Commission stays within the approved budgeted revenue and expenses. The chairman shall inform and submit changes for the expenditures to the town administrator for approval if revenue does not meet pre-planned projections to keep the budget balanced.

(Code 1985, § 11-105; Ord. No. 15-05, 6-2-15; Ord. No. 15-10, 7-21-2015; Ord. No. 15-12, 8-4-2015; Ord. No. 15-22, 1-19-2016)