Rules for paying contracts that last more than one year

If completion of the contract will extend beyond the fiscal year in which the same is executed, it may be awarded without the council appropriating the total amount the county is obliged to pay toward the contract price. In the latter event, however, the county must have available and appropriated at the time of execution of the contract, if the same is to be completed during the next succeeding fiscal year, at least 50 percent or if the same by its terms is not to be completed until beyond the next succeeding fiscal year, at least 33 ⅓ percent of the amount the county is obliged to pay toward the contract price; and the balance shall in the first event be a first charge on the revenues of the county for the next succeeding fiscal year, and in the latter event shall be a first charge on the revenues of each of the next two succeeding fiscal years in the amount that the same will be required during such fiscal years, but in an amount of not less than 50 percent of the balance at the beginning of the first succeeding fiscal year and the remainder at the beginning of the second succeeding fiscal year. The contract shall not be legal unless, before it is executed, the council by ordinance provides for the automatic appropriation at the beginning of the next succeeding fiscal year or years of the amounts herein made a first charge on the revenues of the county for such fiscal year or years, and the director of finance shall make the appropriations on his books as provided by said ordinance. (Ord. 801 § 1 (part), 1974: prior code § 25-6.2.3)