What does budget transfers pertain to in a municipal budget process?

Budget transfers in a municipal budget process primarily pertain to adjustments made among appropriation reserves. This means reallocating funds within the existing budget to better align with the municipality's needs or priorities. For instance, if one area of the budget has excess funds that are no longer needed, those funds can be transferred to another area where there is a need for additional financial resources. This process ensures that the budget remains flexible and responsive to changing circumstances throughout the fiscal year.

Adjustments among appropriation reserves help manage the municipality's finances effectively, allowing for better allocation of resources without requiring an entirely new budgetary approval. This process is critical in maintaining service levels and addressing any unforeseen expenditures that may arise.