Chapter 4.103
GRANTS CONTROL FUND

Sections:

4.103.010    Creation and purpose.

4.103.020    Sources of resources.

4.103.030    Administration of fund

4.103.010 Creation and purpose.

There is hereby created a grants control fund (130), which shall be used to account for grant transactions associated with the activities of governmental funds except for those grant funded activities for which the county council has provided budget authority in a different fund. Activities of each grant accounted for within the grants control fund shall be appropriately segregated and accounted for separately within the fund.

(Added by Ord. 07-141, Dec. 19, 2007, Eff date Jan. 1, 2008)

4.103.020 Sources of resources.

The grants control fund shall contain revenues from grant sources, revenues identified in the annual budget ordinance, and such other revenues as the council may from time to time direct.

(Added by Ord. 07-141, Dec. 19, 2007, Eff date Jan. 1, 2008)

4.103.030 Administration of fund

The director of the department of finance or his or her designee shall administer the grants control fund within the financial management system provided for in chapter 2.100 SCC, and shall serve as the fund manager. The fund manager shall have the duties set out in SCC 4.05.050.

(Added by Ord. 07-141, Dec. 19, 2007, Eff date Jan. 1, 2008)