Chapter 3.52
TREASURER’S CLEARING FUND
Sections:
3.52.020 Investment authority.
3.52.010 Established.
There is established the city treasurer’s clearing fund. The fund shall be utilized to collect and disburse funds held by the city for other governmental agencies, including but not limited to Chelan County Humane Society, rafter license deposits, mobile home permit deposits, Washington State Department of Revenue, funds receipted into the municipal court that must be delivered to the state of Washington. (Ord. 771 § 1, 1990).
3.52.020 Investment authority.
The moneys held in the treasurer’s clearing fund shall be invested at the discretion of the city clerk-treasurer. Interest earned shall be delivered to the general government unless otherwise required to be disbursed by law. (Ord. 771 § 2, 1990).