Chapter 3.48
FUNDS
Sections
3.48.070 Municipal capital and construction fund.
3.48.010 Airport defense fund.
Repealed by Ord. 1507. [Ord. 1144 § 19, 1995.]
3.48.020 Arterial street fund.
Repealed by Ord. 1507. [Ord. 1144 § 20, 1995.]
3.48.030 Claims fund.
Repealed by Ord. 1642. [Ord. 1144 § 21, 1995.]
3.48.040 Community development block grant fund.
Repealed by Ord. 1507. [Ord. 1144 § 22, 1995.]
3.48.050 General fund.
(1) There is created a “general fund,” sometimes referred to as the current expense fund.
(2) The purpose of the general fund is for the receipt and expenditure of moneys used to pay current expenses not covered by another fund.
(3) Moneys for the general fund consist of all revenues not expressly designated to other funds. [Ord. 1144 § 23, 1995.]
3.48.060 Marina advance moorage deposit fund.
Repealed by Ord. 1507. [Ord. 1144 § 24, 1995.]
3.48.070 Municipal capital and construction fund.
(1) There is created a “municipal capital and construction fund.”
(2) The purpose of the municipal capital and construction fund is for the receipt and expenditure of moneys used to finance local improvements, including those listed in RCW 35.43.040 as presently constituted or as may be subsequently amended.
(3) Moneys for the municipal capital and construction fund consist of taxes collected under the provisions of Ordinance No. 652 as amended, funds appropriated by the City Council, and from such other sources as the City Council may determine for deposit in the municipal capital and construction fund.
(4) The municipal capital and construction fund excludes enterprise funds’ and internal service funds’ capital and construction activity. [Ord. 1793 § 4, 2024; Ord. 1642 § 1, 2016: Ord. 1352 § 1, 2004: Ord. 1189 § 1, 1997; Ord. 1144 § 25, 1995.]
3.48.080 Park fund.
Repealed by Ord. 1507. [Ord. 1144 § 26, 1995.]
3.48.090 Payroll fund.
Repealed by Ord. 1788. [Ord. 1144 § 27, 1995.]
3.48.100 Revenue stabilization cumulative reserve fund.
Repealed by Ords. 1504 and 1507. [Ord. 1144 § 28, 1995.]
3.48.110 Senior services division enhancement trust fund.
Repealed by Ord. 1507. [Ord. 1144 § 29, 1995.]
3.48.120 Street fund.
Recodified by Ord. 1642 as DMMC 3.51.101. [Ord. 1144 § 30, 1995.]
3.48.130 Unemployment compensation trust fund.
Repealed by Ord. 1642. [Ord. 1144 § 31, 1995.]
3.48.140 Nuisance property abatement fund.
Recodified by Ord. 1642 as DMMC 3.51.180. [Ord. 1617 §§ 1 – 4, 2015.]
3.48.150 Debt service fund.
(1) There is created a “debt service fund.”
(2) The purpose of the debt service fund is for the receipt and expenditure of moneys used to pay for general governmental activities’ debt service. Debt service for enterprise funds is paid by the enterprise funds.
(3) Moneys for the debt service fund consist of funds received from the state, appropriated by the City Council, and from such other sources as the City Council may determine. [Ord. 1793 § 5, 2024; Ord. 1642 § 2, 2016.]
3.48.160 Custodial fund.
(1) There is created a “custodial fund.”
(2) The purpose of the fund is for the receipt and expenditure of all moneys received by the City that are held in a trustee capacity or as a custodian for individuals, private organizations, other governments, or other funds. [Ord. 1734 § 1, 2020.]