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for any amount in excess of the amount authorized shall be a personal obligation upon the person <br />incurring the obligation. <br />Section 7.07. Alterations in the budget. <br />After the budget resolution has been adopted, the council shall not increase the amounts <br />fixed in the resolution beyond the estimated receipts except to the extent that actual receipts <br />exceed the estimate or other funds are deemed available. At any time the council may, by <br />resolution approved by a majority of its members, reduce the sums appropriated for any purpose <br />by the budget resolution or authorize the transfer of sums from unencumbered balances of <br />appropriations in the budget resolution to other purposes. <br />Section 7.08. Disbursements. <br />No disbursements of city funds shall be made except by authorization of the city manager <br />and the mayor or treasurer. A register shall be prepared and maintained specifying the purposes <br />for which the disbursement is made and the fund from which it is drawn. No such payment shall <br />be issued until there is money to the credit of the fund from which it is to be paid, sufficient to <br />pay it together with all outstanding encumbrances upon the fund. No such payment shall be <br />issued until the claim to which it relates has been supported by an itemized bill, payroll or time <br />sheet approved and signed by the responsible city officer who vouches for its correctness and <br />reasonableness. The city manager shall note on each contract requiring the payment of money <br />by the city the particular fund out of which it is to be paid. The council may by ordinance make <br />further regulations for the safekeeping and disbursement of the funds of the city. <br />Section 7.09. Funds. <br />There shall be maintained in the city treasury a general fund and such other funds as may <br />be required by statute, ordinance, or resolution. The council may, by ordinance or resolution, <br />make inter-fund loans, except from trust and a enc funds as it ma d <br />g Y y eem necessary and <br />appropriate. <br />