Chapter 3.24
SPECIAL FUNDS

Sections:

3.24.010 Airport fund.

3.24.020 Capital facilities fund.

3.24.050 Park and recreation fund.

3.24.060 Fire bond redemption fund.

3.24.070 Police investigation account.

3.24.080 Community policing fund.

3.24.140 Leasehold excise tax fund.

3.24.160 Grants management fund.

3.24.010 Airport fund.

There is created in the city treasury, a fund to be designated as the “airport fund,” which shall be the repository of all airport revenues. (Ord. 197 § 1, 1959).

3.24.020 Capital facilities fund.

There is created, within the city treasury, a fund known and designated as the “capital facilities fund” and into which shall be paid and deposited such sums of money as the city now holds or may hereafter receive or set aside and retain for capital facilities improvements.

(1) The city treasurer/finance officer shall maintain separate accounts within the capital facilities fund for each department or project that the city may, from time to time, elect to reserve and set aside funds for. These projects or departments shall include, but are not limited to, a fire protection reserve fund, a water improvement reserve fund, a wastewater (sewer) improvement reserve fund, a street improvement reserve fund, a City Hall reserve fund, an airport improvement reserve fund, a police improvement reserve fund, a parks and recreation improvement reserve fund, and a stormwater improvement reserve fund.

(2) The city treasurer/finance officer may hold and commingle the various moneys deposited into the separate accounts hereafter created for the purpose of investment and control, but shall apportion any interest income attributable to the commingled funds and any expenses associated therewith among the various funds proportionate to the amount in each account at the time the interest is earned or the expense incurred. (Ord. 600 § 1, 1992).

3.24.050 Park and recreation fund.

There is created and established a special reserve fund to be known as the “park and recreation fund” for which receipt, disbursement and accounting of all funds appropriated by the city council and any gifts, donations, government grants, or other funds specifically earmarked for municipal park and recreation programs, are received or disbursed. (Ord. 337 § 3, 1972).

3.24.060 Fire bond redemption fund.

There is created and established a special reserve fund entitled “fire bond redemption fund” by which the receipt, disbursement and accounting of all funds appropriated by the city council or otherwise received for the payment of principal and interest and other lawful payments in connection with general obligation bonds have been issued for the acquisition and improvement of capital property. (Ord. 337 § 4, 1972).

3.24.070 Police investigation account.

(a) There is established an account within the current expense fund to be designated as the police investigation account.

(b) The police investigation account shall include deposits from the following sources:

(1) All cash allocated from the current expense fund to the police investigation account by the city council;

(2) All fines, forfeitures and penalties ordered paid by court order into the account;

(3) All contributions to the account.

(c) The police investigation account shall be maintained and controlled by the chief of police.

(1) The chief of police may authorize disbursements and expenditures from the police investigation account solely for the purpose of enforcing state statutes and city ordinances, and only in those situations where a criminal investigation requires the purchase of goods, services or information, and where the circumstances do not allow the normal city purchasing procedures to be utilized.

(2) The chief of police shall keep records with respect to each disbursement, and each disbursement will reference a criminal case number or incident number relating to the expenditure.

(3) The chief of police shall report quarterly to the city clerk/treasurer the quarterly total of receipts, expenditures and balance in the police investigation account. (Ord. 533 § 1, 1987: Ord. 366 §§ 1, 2, 3, 4, 1974).

3.24.080 Community policing fund.

There is hereby created within the city treasury, a fund to be known and designated as the “community policing fund” into which shall be paid and deposited all monies from any source, including, but not limited to, appropriations by the city council, donations, and proceeds from the sale of merchandise which has been designated for use in administering community policing activities and programs including the D.A.R.E. program within the city. All disbursements from the community policing fund shall be made in accordance with regular city expenditure procedures. Any grant monies shall be monitored and receipted through the grant management fund as is consistent with all grant funding. (Ord. 810 § 1, 2006: Ord. 646 § 1, 1995).

3.24.140 Leasehold excise tax fund.

(a) There is created a special reserve fund entitled “leasehold excise tax fund.”

(b) All funds received and paid to the city as a leasehold excise tax shall be deposited into and accounted for, through such fund.

(c) Disbursements from this fund are to be made to the department of revenue on or before the fifteenth day of the month following the month in which the tax is collected.

(d) Funds from other sources or for other purposes shall not be commingled or mixed with the funds in this special reserve fund. (Ord. 530 §§ 1—4, 1986).

3.24.160 Grants management fund.

There is created a special fund entitled the “grants management fund.” The purpose of the fund is to provide grant management and accounting control over federal grants in which the city participates.

(1) Into said fund shall be deposited such federal grant revenues as the city council shall, from time to time, direct.

(2) The funds deposited in said account shall be withdrawn only for the purposes established by the grant under which they were deposited and only upon approval of the city council. (Ord. 598 § 1, 1992).