Chapter 3.52
POLICE RESERVE FUND
Sections:
3.52.010 Established.
There is established a police reserve fund to be maintained by the City. (Ord. C-361 § 3, 1996; Ord. C-289, 1993; Ord. C-270 § 3, 1992; Ord. C-082 § 1, 1984)
3.52.020 Source – Investment.
The fund shall be held as a separate fund; provided, the fund may be invested with any other fund or moneys of the City, except as otherwise precluded by law, applicable rule, or standard accounting practice, so long as the credits to this fund are separately recorded and maintained. Such sums as the City Council may from time to time direct by motion shall be placed in this fund. No sum shall be withdrawn from this fund except upon resolution duly passed by the City Council, except no such resolution shall be deemed necessary if removal from the fund is only for the purpose of changing the place or account of a guaranteed investment of the fund. (Ord. C-082 § 2, 1984)
3.52.030 Seizure funds.
A. The City manages police seizure funds through segregated accounts, including federal – DOJ Guidelines 9-118.550, state – RCW 10.105.010, and Treasury – Title 31 U.S.C. 9703; TEOAF Directive No. 34. These funds are held in separate restricted accounts and require annual reporting to the respective federal, state, or treasury agencies.
B. The uses of these funds are restricted to the federal, state, and treasury guidelines outlined in U.S. Department of Justice and U.S. Department of Treasury equitable sharing for state, local, and tribal law enforcement agencies.
C. The seizure funds shall be released through the request by the Police Department and upon approval by the City Manager and Clerk-Treasurer in accordance with the applicable guidelines. (Ord. C-938 § 1, 2020)