Chapter 3.48
WASHINGTON FUTURES FUND
Sections:
3.48.020 Procedures for expenditure.
3.48.040 Excess or residual funds.
3.48.010 Created – Use.
There is created for the city a fund to be known as the “Washington Futures Fund” in which all funds received pursuant to Referendums 26 and 27 shall be deposited. This fund shall be identified by Fund No. 407. Projects shall be identified under this fund as follows:
Sewer Lagoon Improvements, Referendum No. 26, No. 407.534.40.651;
Water System Improvements, Referendum No. 27, No. 407.574.30.652. (Ord. 545 § 1, 1975)
3.48.020 Procedures for expenditure.
All money received into this fund shall be expended either by warrants drawn against said fund or by transfers to payroll or claims funds where legally authorized. (Ord. 545 § 1, 1975)
3.48.030 Appropriation.
No funds shall be expended until properly appropriated. (Ord. 545 § 1, 1975)
3.48.040 Excess or residual funds.
Excess or residual funds shall be retained in the fund and budgeted and appropriated for construction or transferred to the Water/Sewer Fund No. 401. (Ord. 545 § 1, 1975)