Chapter 3.55
URBAN ARTERIAL STREET FUND
Sections:
3.55.040 Accounting—Transfers.
3.55.010 Fund created.
A fund to be known as the urban arterial street fund is created in the treasury of the city, for the deposit of funds received through the Transportation Improvement Board of the state of Washington. (Ord. 1366-00 § 1, 2000: Ord. 921 § 2, 1979)
3.55.020 Deposits.
All funds received from the above source shall be deposited in the urban arterial street fund as received. (Ord. 921 § 3, 1979)
3.55.030 Expenditures.
Expenditures from the fund shall be for the purposes and in accordance with the laws and regulations governing the Transportation Improvement Board. (Ord. 1366-00 § 2, 2000: Ord. 921 § 4, 1979)
3.55.040 Accounting—Transfers.
For accounting purposes, the fund shall function as a special revenue fund and shall be identified by Fund Code 197. All money received from the Transportation Improvement Board shall be credited to Revenue Account No. 324.40 and must be expended from the fund into which it is originally received. The only transfers allowed are to payroll and claims funds. (Ord. 1366-00 § 3, 2000: Ord. 921 § 5, 1979)