Chapter 3.56
INTERNAL SERVICE FUNDS
Sections
3.56.030 Computer replacement fund.
3.56.040 Equipment rental operations fund.
3.56.050 Equipment rental replacement fund.
3.56.060 Facility repair and replacement fund.
3.56.080 Unemployment compensation trust fund.
3.56.010 General provisions.
(1) Identity and Accounting. Except as otherwise provided in this chapter, each internal service fund has a separate accounting and identity from other monetary resources of the city.
(2) Sources of Moneys. Except as otherwise provided in this chapter, each internal service fund receives moneys budgeted annually by all city departments using the item or service described in the purpose of the fund.
(3) Expenditures from Funds. Except as otherwise provided in this chapter, expenditures from internal service funds are made by the city manager and as provided in the annual budget.
(4) Transfers from Funds. Except as otherwise provided in this chapter, excess moneys in an internal service fund may be transferred by motion of the city council to another city fund that the city council, in its discretion, deems appropriate.
(5) Annual Carryover. Except as otherwise provided in this chapter, moneys that have been deposited in each internal service fund are maintained and carried forward at the end of each budget year, including interest from investment earnings of the funds and excluding authorized expenditures. [Ord. 1144 § 39, 1995.]
3.56.020 Computer equipment maintenance fund.
Repealed by Ord. 1642. [Ord. 1144 § 40, 1995.]
3.56.030 Computer replacement fund.
(1) There is created a “computer replacement fund.”
(2) The purpose of the computer equipment replacement fund is for the receipt and expenditure of moneys used to finance the purchase and replacement of computer hardware and software. [Ord. 1642 § 7, 2016: Ord. 1144 § 41, 1995.]
3.56.040 Equipment rental operations fund.
(1) There is created an “equipment rental operations fund.”
(2) The purpose of the equipment rental operations fund is for the receipt and expenditure of moneys used to finance the maintenance of rolling stock and equipment. [Ord. 1144 § 42, 1995.]
3.56.050 Equipment rental replacement fund.
(1) There is created an “equipment rental replacement fund.”
(2) The purpose of the equipment rental replacement fund is for the receipt and expenditure of moneys used to finance the replacement and purchase of rolling stock and equipment. [Ord. 1144 § 43, 1995.]
3.56.060 Facility repair and replacement fund.
(1) There is created a “facility repair and replacement fund.”
(2) The purpose of the facility repair and replacement fund is for the receipt and expenditure of moneys used to finance major maintenance, upgrade, or replacement of city facilities. [Ord. 1144 § 44, 1995.]
3.56.070 Self-insurance fund.
(1) There is created a “self-insurance fund.”
(2) The purpose of the self-insurance fund is for the receipt and expenditure of moneys for the:
(a) Payment of premiums to the Washington Cities Insurance Authority;
(b) Payment of defense costs and/or claims against the city for which the city must pay a “deductible” or is self-insured or that the city manager, in his or her discretion, elects to pay without reference to an insurance carrier;
(c) Payment of litigation defense costs and/or damage claims against the city for which coverage may be denied by city insurance carriers or for which city insurance carriers defend on a reservation of rights and such coverage is subsequently denied;
(d) Payment for repairs or replacement to city property that is damaged or destroyed and not covered by insurance, except the city manager shall attempt to obtain reimbursement for such expenditures, where appropriate, from responsible parties through the legal process;
(e) Payment for corrections, repairs, or replacement of city property when the city manager, in his or her discretion, determines that immediate action is necessary to prevent injury to persons or property, and moneys are not available for such purpose from other budget sources;
(f) Payment for risk management training for city personnel, including registration, travel expenses, and the like, that the city manager may authorize;
(g) Transfers into the revenue stabilization cumulative reserve fund upon a finding by the city council that surplus funds exist in the self-insurance fund that are not required for any of the purposes described in paragraphs (a) through (f) of this subsection.
(3) The city manager may at his or her discretion charge or credit a department or fund for unanticipated or unusual risk management or insurance performance during the current year. [Ord. 1144 § 45, 1995.]
3.56.080 Unemployment compensation trust fund.
(1) There is created an “unemployment compensation trust fund.”
(2) The purpose of the unemployment compensation trust fund is for the receipt and expenditure of moneys used to pay claims for reimbursement of unemployment compensation.
(3) Deposits to the fund are made in such amounts as to maintain an optimum reserve accumulation level. [Ord. 1642 § 8, 2016.]