§ 40-40-21 — Balance at end of fiscal year to become part of unappropriated balance - When special appropriation to lapse

When special appropriation to lapse.
At the end of the fiscal year, the balance to the credit of each annual appropriation becomes
a part of the general unappropriated balance in the municipal treasury, except that the unused
balance to the credit of the equipment replacement fund provided for in section 40-40-05 does
not become a part of the general unappropriated balance in the municipal treasury, but no
special appropriation lapses until the work for which it was made has been completed, the bills
paid, and the accounts closed. The governing body of a city may elect, at the end of the fiscal
year, to carry over the unencumbered cash balance in the general fund or other budgeted funds
and designate the balances for subsequent years.