Chapter 3.32
CURRENT EXPENSE FUND
Sections:
3.32.030 Transfer of moneys to fund.
3.32.010 Created.
The fund for the general municipal property tax is hereby created and established, to be known as the “current expense fund.” (Ord. 208 § 1, 1919).
3.32.020 Source of moneys.
All moneys collected from the taxes levied for the payment of current expenses shall be credited and applied by the treasurer to the current expense fund. (Ord. 208 § 2, 1919).
3.32.030 Transfer of moneys to fund.
All moneys now in the hands, or hereafter to come into the hands, of the treasurer to the credit of what is now called and known as the general fund, in excess of the amount necessary to pay any and all warrants outstanding against the fund, shall be transferred and applied to the credit of the current expense fund. (Ord. 208 § 3, 1919).