Chapter 6.40
PROPERTY/LIABILITY INSURANCE FUND AND SPECIAL EQUIPMENT SINKING FUND
Sections:
6.40.020 Source – Distribution.
6.40.010 Established.
There are established two new budget funds:
(a) The property/liability insurance fund; and
(b) The special equipment sinking fund. [Ord. 1481 N.S. § 1, 1985].
6.40.020 Source – Distribution.
There is transferred from the general fund reserve to the following listed funds the amounts noted:
|
Motor Equipment Sinking Fund |
$100,000 |
|
Office Equipment Sinking Fund |
$100,000 |
|
Property/Liability Insurance Fund |
$300,000 |
|
Special Equipment Sinking Fund |
$50,000 |
[Ord. 1481 N.S. § 2, 1985].