Art. 46 Financial Budget Act (FHG) - Supplementary Credit

1. The supplementary credit is the addition to an insufficient budget credit.

2. If it becomes apparent before or during the utilization of the budget credit that it is insufficient, the Executive Council or the Municipal Council must request a supplementary credit without delay before incurring new obligations, if the expenditures exceed the original budget credit in the operating account by more than CHF 50,000 and in the investment account by more than CHF 250,000. Exceptions are reserved for obligatory expenditures and credit overruns under Art. 48 of this law.

3. The cantonal assembly or the municipal assembly shall decide on the supplementary credit at the latest during the approval of the annual financial statements.

4. In any case, information must be provided on budget credit overruns for obligatory expenditures and commitment credits approved by the public or the cantonal assembly

a. for the canton, more than CHF 250,000 to the cantonal assembly,

b. for municipalities, more than CHF 100,000 to the municipal assembly, unless a different limit is stipulated in the municipal regulations.

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