Art. 71 Financial Budget Act (FHG) - Government Council or Municipal Council

**1. The Government Council or the Municipal Council is specifically responsible for:**

a. the fundamental directives on the investment of financial assets; subject to differing constitutional or legal provisions;

b. the change of purpose of administrative assets, provided that this does not result in expenditures;

c. the conversion of administrative assets no longer needed into financial assets; subject to decommissioning by repealing an ordinance within the competence of the Cantonal Council or the Municipal Assembly;

d. the draft budget, commitment credits, supplementary and additional credits, as well as the annual financial statements for submission to the Cantonal Council or the Municipal Assembly;

e. * the draft of rolling task and financial planning;

f. the approval of credit overruns;

g. * the dissolution or composition of special financing;

h. the sale of real estate belonging to financial assets;

i. * ...

j. the cancellation of unused commitment credits;

k. the regulation of authorization for issuing instructions in detail;

l. the transfer of unused global credits and the carrying forward of profits and losses;

m. the creation or dissolution of advance financings.

**2. The Government Council can delegate the expenditure authorities assigned to it by the constitution or law to the departments and the state chancellery as well as other administrative offices.**

**3. The Government Council or the Municipal Council regulates the details of budget management in implementing provisions or in a regulation.**

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