Chapter 6.40
PROPERTY/LIABILITY INSURANCE FUND AND SPECIAL EQUIPMENT SINKING FUND

Sections:

6.40.010    Established.

6.40.020    Source – Distribution.

6.40.010 Established.

There are established two new budget funds:

(a) The property/liability insurance fund; and

(b) The special equipment sinking fund. [Ord. 1481 N.S. § 1, 1985].

6.40.020 Source – Distribution.

There is transferred from the general fund reserve to the following listed funds the amounts noted:

Motor Equipment Sinking Fund

$100,000

Office Equipment Sinking Fund

$100,000

Property/Liability Insurance Fund

$300,000

Special Equipment Sinking Fund

$50,000

[Ord. 1481 N.S. § 2, 1985].