Chapter 3.08
FUNDS*

Sections:

3.08.010    Closed.

3.08.020    Closed.

3.08.030    Cumulative reserve fund – Established.

3.08.040    Cumulative reserve fund – Deposits.

3.08.050    Cumulative reserve fund – Expenditures – Limited.

3.08.060    Cumulative reserve fund – Expenditures – Council authority.

3.08.070    

3.08.120    Closed.

3.08.130    Park cumulative reserve fund – Created.

3.08.140    Park cumulative reserve fund – Allocation of moneys.

3.08.150    Park cumulative reserve fund – Expenditure – Use.

3.08.160    Park cumulative reserve fund – Expenditure – Council authority.

3.08.170    –

3.08.230    Closed.

3.08.240    Suspense fund – Created.

3.08.250    Suspense fund – Allocation, expenditure of moneys.

3.08.260    Suspense fund – City treasurer’s authority.

3.08.270    –

3.08.290    Closed.

3.08.300    Combined utility system fund.

3.08.310    –

3.08.350    Closed.

3.08.360    Insurance claims and reserve fund created.

3.08.370    Purposes – Source of funds – Expenditures.

3.08.380    Unexpended funds.

3.08.390    Closed.

*    For provisions on funds, see RCW 35A.33.120 et seq. and RCW 35.21.070 et seq.; for provisions on budgets, see Chapter 35A.33 RCW.

3.08.010 Claims fund – Established.

Closed by Ord. 2059. (Ord. 578 § 1, 1970).

3.08.020 Claims fund – Transfers from insolvent fund.

Closed by Ord. 2059. (Ord. 578 § 2, 1970).

3.08.030 Cumulative reserve fund – Established.

There is created a fund which shall be known as the cumulative reserve fund, which fund is created pursuant to the provisions of RCW 35.21.070 et seq. (Ord. 445 § 1, 1964).

3.08.040 Cumulative reserve fund – Deposits.

There shall be deposited in the cumulative reserve fund such appropriations thereto as the city council may make from time to time. (Ord. 445 § 3, 1964).

3.08.050 Cumulative reserve fund – Expenditures – Limited.

Expenditures from the cumulative reserve fund shall be used solely for the purpose of making capital improvements or acquisition of equipment, as distinguished from the payment of expense of maintenance and operation. (Ord. 445 § 4, 1964).

3.08.060 Cumulative reserve fund – Expenditures – Council authority.

All expenditures from the cumulative reserve fund shall either be budgeted or authorized from time to time by a majority vote of the city council. (Ord. 445 § 4, 1964).

3.08.070 Cumulative reserve fund for fire department capital acquisition – Established.

Closed by Ord. 1900. (Ord. 594 § 1, 1970).

3.08.080 Cumulative reserve fund for fire department capital acquisition – Expenditure – Council authority.

Closed by Ord. 1900. (Ord. 594 § 2, 1970).

3.08.090 Cumulative reserve fund for fire department capital acquisition – Expenditure – Uses.

Closed by Ord. 1900. (Ord. 594 § 3, 1970).

3.08.100 Manpower reserve fund – Created.

Closed by Ord. 2059. (Ord. 661 § 1, 1972).

3.08.110 Manpower reserve fund – Allocation of moneys.

Closed by Ord. 2059. (Ord. 661 § 2, 1972).

3.08.120 Manpower reserve fund – Expenditure – Use.

Closed by Ord. 2059. (Ord. 661 § 3, 1972).

3.08.130 Park cumulative reserve fund – Created.

There is created a fund which shall be known as park cumulative reserve fund, which fund is created pursuant to the provisions of RCW 35.21.070 et seq. (Ord. 519 § 1, 1967).

3.08.140 Park cumulative reserve fund – Allocation of moneys.

There shall be deposited in such fund such appropriations as the city council may make from time to time, together with all gifts specified to be used for the purposes mentioned in BMC 3.08.150. (Ord. 519 § 2, 1967).

3.08.150 Park cumulative reserve fund – Expenditure – Use.

Expenditures from the park cumulative reserve fund shall be used solely for the purpose of acquiring and improving parks and recreational areas, including equipment used in such places, as distinguished from the payment of expenses of maintenance and operation. (Ord. 519 § 3, 1967).

3.08.160 Park cumulative reserve fund – Expenditure – Council authority.

All expenditures from the park cumulative reserve fund shall either be budgeted or authorized from time to time by a majority vote of the city council. (Ord. 519 § 4, 1967).

3.08.170 Payroll fund – Established – Purpose.

Closed by Ord. 2059. (Ord. 471 § 1, 1965).

3.08.180 Payroll fund – Allocation of moneys.

Closed by Ord. 2059. (Ord. 471 § 2, 1965).

3.08.190 Payroll fund – Expenditure.

Closed by Ord. 2059. (Ord. 471 § 3, 1965).

3.08.200 Payroll fund – Exempt from budgetary appropriations.

Closed by Ord. 2059. (Ord. 471 § 4, 1965).

3.08.210 Federal shared revenue fund – Created.

Closed by Ord. 2059. (Ord. 659 § 1, 1972).

3.08.220 Federal shared revenue fund – Allocation of moneys.

Closed by Ord. 2059. (Ord. 659 § 2, 1972).

3.08.230 Federal shared revenue fund – Expenditure.

Closed by Ord. 2059. (Ord. 659 § 3, 1972).

3.08.240 Suspense fund – Created.

There is established a fund to be known as the suspense fund. (Ord. 630 § 1, 1972).

3.08.250 Suspense fund – Allocation, expenditure of moneys.

All funds coming into the hands of the city which do not constitute revenues or funds of the city shall be deposited and paid out of this suspense fund. (Ord. 630 § 2, 1972).

3.08.260 Suspense fund – City treasurer’s authority.

The individual holding the office of city treasurer shall be custodian of the suspense fund and the disbursements therefrom, and shall maintain books and records which shall be available for inspection by any interested parties. (Ord. 630 § 3, 1972).

3.08.270 Water and sewer capital cumulative reserve fund – Created.

Closed by Ord. 2059. (Ord. 556 § 1, 1969).

3.08.280 Water and sewer capital cumulative reserve fund – Allocation of moneys.

Closed by Ord. 2059. (Ord. 556 § 2, 1969).

3.08.290 Water and sewer capital cumulative reserve fund – Expenditures.

Closed by Ord. 2059. (Ord. 556 § 3, 1969).

3.08.300 Combined utility system fund.

There is established a combined utility fund that shall be a special fund held separate and apart from any and all other funds of the city. All revenues and expenditures budgeted for and all amounts held by or for the water, sewer, and storm and surface water utilities shall be transferred to the combined utility fund. In order to better account for the costs of the respective components of the combined utility, the finance director is directed to maintain such accounting structure, including such accounts and subaccounts within the combined utility fund, as may be necessary to discretely account for the costs, expenses and revenues of each component utility. (Ord. 2142 § 3, 2104).

3.08.310 Aid and rescue car donation fund – Created – Donations.

Closed by Ord. 1900. (Ord. 854 § 1, 1977).

3.08.320 Aid and rescue car donation fund – Expenditures.

Closed by Ord. 1900. (Ord. 854 § 2, 1977).

3.08.330 Off-street parking/downtown revitalization fund – Created.

Closed by Ord. 2059. (Ord. 1134 § 1, 1984).

3.08.340 Off-street parking/downtown revitalization fund – Allocation of moneys.

Closed by Ord. 2059. (Ord. 1134 § 2, 1984).

3.08.350 Off-street parking/downtown revitalization fund – Expenditures.

Closed by Ord. 2059. (Ord. 1134 § 3, 1984).

3.08.360 Insurance claims and reserve fund created.

Special fund to be known as the “insurance claims and reserve fund No. 502” is hereby established for the purpose of consolidating all insurance premiums, funds for all claims and reserves into a single fund. (Ord. 1397 § 1, 1990).

3.08.370 Purposes – Source of funds – Expenditures.

Moneys deposited into the fund created by BMC 3.08.360 shall be such sums as are transferred and/or appropriated into said fund by the city council in the annual budget or such other transfer of moneys as may be authorized from time to time. Expenditures from the fund shall be made only for city-wide insurance premiums, brokerage fees and insurance related claims and expenses, including self-insured claims. (Ord. 1397 § 2, 1990).

3.08.380 Unexpended funds.

Any expended funds remaining in the insurance claims and reserve fund No. 502 at the end of any budget year shall not be transferred to the general fund or otherwise lapse, rather said unexpended funds shall be carried forward from year to year until expended for the purposes set forth in BMC 3.08.370, unless otherwise directed by ordinance of the city council. (Ord. 1397 § 3, 1990).

3.08.390 Nuisance abatement fund – Established.

Closed by Ord. 2059. (Ord. 1864 §§ 1 – 3, 2001).