Chapter 3.36
FUNDS
Sections:
3.36.010 Cumulative Reserve Fund - Street
3.36.020 Cumulative Reserve Fund - Street Acquisition
3.36.030 Cumulative Reserve Fund - Sewer
3.36.040 Cumulative Reserve Fund - General
3.36.060 Payroll Clearing Fund
3.36.070 Treasurer’s Trust Fund
3.36.010 Cumulative Reserve Fund - Street.
A Cumulative Reserve Fund for the purpose of purchasing equipment or other expenditures for the City is hereby created, and all funds deposited in said fund shall accumulate and shall be expended only for the purpose of purchasing equipment for the Street Department and other expenditures for the Street Department. (Ord. 116, Sec. 1, 1972)
3.36.020 Cumulative Reserve Fund - Street Acquisition.
A cumulative Reserve Fund is hereby created to be used for the purpose of acquiring street rights-of-way, street widening, street resurfacing, and street maintenance of any type and description at any location within the City. The Clerk-Treasurer of the City is authorized to deposit said monies in an appropriate account. (Ord. 174, 1980)
3.36.030 Cumulative Reserve Fund - Sewer.
A Cumulative Reserve Sewer Utility Fund for the purpose of purchasing equipment or other expenditures for the City is hereby created, and all funds deposited in said fund shall accumulate and shall be expended only for the purpose of purchasing equipment and other expenditures for the Sewer Utility Department. (Ord. 116, Sec. 2, 1972)
3.36.040 Cumulative Reserve Fund - General.
A Cumulative Reserve General Fund, a fund for the purpose of purchasing equipment or other expenditures for the City is hereby created, and all funds deposited in said fund shall accumulate and shall be expended only for the purpose of purchasing equipment and other expenditures for the General Fund which shall include the Public Safety Department. (Ord. 116, Sec. 3, 1972)
3.36.050 Claims Clearing Fund.
There is hereby created a fund to be known as the Claims Clearing Fund. The City Clerk-Treasurer is authorized, empowered, and directed to transfer from the funds of various departments to the Claims Clearing Fund, sufficient monies to pay the claims against various departments of the City. This fund shall be used only for the purpose of paying any claims against the City. The City Clerk-Treasurer is authorized, empowered and directed to issue warrants on and against any fund in payment of materials furnished, services rendered, or expense or liability incurred by the City.
The warrant shall be issued only after there have been filed with the City Clerk-Treasurer proper vouchers, approved by the City Council, stating the nature of the claims, the amounts due or owing and the persons, firms, or corporations entitled thereto. All warrants issued on or against the Fund shall be solely and only for the purposes herein set forth and shall be payable only out of and from said fund. Each warrant issued under the provision of this section shall have on its face the words, “Claims Clearing Fund”. (Ord. 211, March 1982)
3.36.060 Payroll Clearing Fund.
There is created a fund known as the Payroll Clearing Fund. The City Clerk-Treasurer is authorized, empowered, and directed to transfer from the funds of various departments to the Payroll Clearing Fund sufficient monies to pay the salaries, wages and other compensations of employees of the various departments of the City. The Payroll Clearing Fund shall be used only for the purpose of paying and compensating employees of the City for services rendered, and paying employee deductions to those persons, agencies and organizations entitled to such payments. The City Clerk-Treasurer is authorized, empowered and directed to issue warrants on and against the fund for these purposes. The warrants shall be issued only after there has been filed with the City Clerk-Treasurer, proper payroll, due bills or time certificates approved by the City Council stating the nature of the services rendered, the amount due or owing and the persons entitled thereto. All warrants issued on or against the funds shall be solely and only for the purposes herein set forth and shall be payable only out of and from said fund. Each warrant issued under the provisions of the Section shall have printed on its face the words, “Payroll Clearing Fund.” (Ord. 212, March 1982)
3.36.070 Treasurer’s Trust Fund.
There is created a fund to be known as the Treasurer’s Trust Fund. This fund shall receive all non-revenue receipts. The Treasurer’s Trust Fund shall be used only for the payment of non-expenditure disbursements. The City Clerk-Treasurer is authorized, empowered and directed to issue checks on and against the fund in payment thereof. (Ord. 213, March 1982)