Chapter 3.88CLAIMS/PAYROLL CLEARING FUND

Sections:

3.88.010
Claims/payroll clearing fund created.
3.88.020
Transfer of funds.
3.88.030
Issuance of warrants.
3.88.010Claims/payroll clearing fund created.

There is created a fund, known and designated as the “claims/payroll clearing fund,” into which shall be paid and transferred from the various departments an amount of money equal to the various claims against the city for any purpose.

(Ord. 898 § 1, 1989)

3.88.020Transfer of funds.

Whenever it is deemed necessary, the city treasurer is authorized, empowered and directed to transfer from the funds of the various departments to the claims/payroll clearing fund sufficient moneys to pay the claims against the various departments of the city.

(Ord. 898 § 2, 1989)

3.88.030Issuance of warrants.

The city clerk is authorized, empowered and directed to issue warrants on and against the fund in payment of salaries, wages, materials furnished, services rendered or expenses or liabilities incurred by the various departments and offices of the city. The warrant shall be issued only after there has been filed with the city clerk proper vouchers, approved by the city council, stating the nature of the claim/payroll, the amount due or owing and the person, firm or corporation, entitled thereto. All warrants issued on or against the fund shall be solely and only for the purposes set forth in this chapter and shall be payable only out of and from the fund. Each warrant issued under the provisions of this section shall have in its face the words: “Claims/Payroll Clearing Fund.”