384.20 - SEPARATE ACCOUNTS.

        384.20  SEPARATE ACCOUNTS.         1.  A city shall keep separate accounts corresponding to the      programs and items in its adopted or amended budget, as recommended      by the committee.         2.  A city shall keep accounts which show an accurate and detailed      statement of all public funds collected, received, or expended for      any city purpose, by any city officer, employee, or other person, and      which show the receipt, use, and disposition of all city property.      Public moneys may not be expended or encumbered except under an      annual or continuing appropriation.         3.  "Continuing appropriation" means the unexpended portion of      the cost of public improvements, as defined in section 26.2, which      cost was adopted through a public hearing pursuant to section 26.12      and was included in an adopted or amended budget of a city.  A      continuing appropriation does not expire at the conclusion of a      fiscal year.  A continuing appropriation continues until the public      improvement is completed, but expenditures under the continuing      appropriation shall not exceed the resources available for paying for      the public improvement.  
         Section History: Early Form
         [S13, § 741-a, 741-b; C24, 27, 31, 35, 39, § 5675, 5676; C46,      50, § 363.49, 363.50; C54, 58, 62, 66, 71, 73, § 368A.5, 368A.6; C75,      77, 79, 81, § 384.20] 
         Section History: Recent Form
         96 Acts, ch 1104, §1; 2006 Acts, ch 1017, §36, 42, 43; 2007 Acts,      ch 144, §15