Chapter 3.52
MISCELLANEOUS FUND ACCOUNTS1
Sections:
3.52.040 Capital improvement fund.
3.52.050 Traffic and street improvement funds.
3.52.060 Friends of the Parks fund.
3.52.070 Park mitigation fund.
3.52.080 Drug forfeiture and seizure fund.
3.52.010 Sewerage fund.
A. There is created a special fund to be called the “sewerage fund” for the purpose of accounting for all revenues and expenditures associated with the planning, condemnation or other acquisition of rights-of-way, construction, development, extension, engineering, or legal costs of all sewerage systems which come under the jurisdictional control of the city, whether within or without the city boundaries. In addition, all costs of operation, maintenance, repair, service, connection fees, assessments, or other such associated costs including salaries paid city employees and payments of principal and interest on required loans shall be paid into or out of this fund.
B. The mayor is authorized and directed to draw from available sources such funds as are required for purposes stated in subsection A of this section, for all sewer lines hereinafter approved by the city through award of a contract or motion to proceed or approval of a local improvement district. Available sources shall include, but not be limited to, other available city funds, the municipality of metropolitan Seattle, McGrath Homes, Inc., Edmonds School District No. 15, and any other organization, agency or division of government making funds available by grant, loan, transfer or contract for the purposes stated in subsection A of this section.
C. The sewerage fund shall be maintained by the city clerk on a monthly basis to reflect all costs paid and receipts received beginning January 1, 1967. The monthly payments for interest on each and all loans and the redemption of all debts shall be separately itemized. Expenditures associated with construction of the Lyons Creek trunk line, individual local lateral sewers, and any and all local improvement districts shall be totaled individually, as capital costs, although subsequent costs of maintenance and operation shall be carried in a joint account.
D. The mayor is authorized to negotiate for any and all services associated with the maintenance and operation of the sewerage utilities, including billing, inspection, and labor, and to arrange for same subject to review and approval by the council.
E. When excess funds from the sewerage fund are invested in the city’s common investment portfolio, all income derived from the sewerage fund moneys shall be apportioned to the city’s general fund. (Ord. 363 § 1(Exh. A)(part), 2009: Ord. 354 § 1, 2007: Ord. 31 §§ 1 – 4, 1967. Formerly 3.36.010)
3.52.020 Payrolls fund.
There is created a special fund to be denominated “payrolls fund” into which moneys shall be placed from time to time as directed by the council from funds available and upon which checks may be issued and paid for the purpose of paying any moneys due city employees for salaries and wages. The accounts of said fund shall be kept so that they shall show the department or departments and amounts to which the payment is properly chargeable. The qualified public depository, whereon such checks are to be drawn, shall be the U.S. Bank. Both the mayor and the city clerk/treasurer are required to sign checks issued by the city. (Ord. 371 § 1, 2009: Ord. 363 § 1(Exh. A)(part), 2009: Ord. 52 § 1, 1975. Formerly 3.36.020)
3.52.030 Claims fund.
There is created a special fund to be denominated “claims fund” into which shall be placed moneys from time to time from funds available and upon which checks may be issued and paid in payment of claims against the city for any purpose. Accounts of said funds shall be so kept that they shall show the department or departments and respective amounts for which the check is issued and paid. The qualified public depository, whereon such checks are to be drawn, shall be the U.S. Bank. Both the mayor and the city clerk/treasurer are required to sign checks issued by the city. (Ord. 371 § 2, 2009: Ord. 363 § 1(Exh. A)(part), 2009: Ord. 52 § 2, 1975. Formerly 3.36.030)
3.52.040 Capital improvement fund.
There is created a capital improvement fund, to be designated Fund No. 111, which fund shall be the depository of and for all moneys received through the enactment of Ordinance No. 137, creating an excise tax on the sale of real estate. All moneys received by Ordinance 137 shall be deposited into Fund No. 111, and shall be used in accordance with the use and purposes as outlined in BMC 3.32.040(B). (Ord. 363 § 1(Exh. A)(part), 2009: Ord. 141 §§ 1, 2, 1982. Formerly 3.36.040)
3.52.050 Traffic and street improvement funds.
A. There is hereby created a north corridor for traffic, street, and related improvements, within the boundaries identified on Exhibit A2, including any area within the municipal urban growth area (MUGA) that is annexed to the city.
1. All deposits and expenditures in the north corridor shall be made from the northwest quadrant traffic improvement fund, Fund No. 115, hereby recreated and renamed the north corridor traffic and street improvement fund.
B. There is hereby created a central corridor for traffic, street, and related improvements, within the boundaries identified on Exhibit A, including any area within the municipal urban growth area (MUGA) that is annexed to the city.
1. All deposits and expenditures in the central corridor shall be made from the newly created Fund No. 116, to be known as the central corridor traffic and street improvement fund.
C. There is hereby created a south corridor for traffic, street, and related improvements, within the boundaries identified on Exhibit A, including any area within the municipal urban growth area (MUGA) that is annexed to the city.
1. All deposits and expenditures in the south corridor shall be made from the newly created Fund No. 117, to be known as the south corridor traffic and street improvement fund.
D. The clerk/treasurer is hereby authorized to make deposits and disbursements from the funds identified in this section in accordance with the budget of the city and as otherwise directed, from time to time, for purposes of maintaining and administering each fund. (Ord. 363 § 1(Exh. A)(part), 2009: Ord. 231.A §§ 1 – 4, 2001. Formerly 3.36.080)
3.52.060 Friends of the Parks fund.
A. Effective June 1, 2003, a new “Friends of the Parks Fund No. 118” is established.
B. The city clerk/treasurer is authorized to expend funds from and transfer funds to this fund, as allocated in the annual budget as adopted by the city council, for expenditures for spectator and community events as established by the parks and recreation board. (Ord. 363 § 1(Exh. A)(part), 2009: Ord. 306 §§ 1, 2, 2003. Formerly 3.36.090)
3.52.070 Park mitigation fund.
A. Effective November 1, 2003, park mitigation fund, Fund No. 119 is established.
B. The city clerk/treasurer shall deposit park mitigation contributions received into the park mitigation fund, Fund No. 119.
C. Moneys deposited from each contributor shall be separated, and interest earned on the investment of the funds shall be distributed on a pro rata basis.
D. The city clerk/treasurer is hereby authorized to make expenditures from the fund identified above in accordance with the annual budget and as otherwise authorized by city council approval. (Ord. 363 § 1(Exh. A)(part), 2009: Ord. 308 §§ 1 – 5, 2003. Formerly 3.36.100)
3.52.080 Drug forfeiture and seizure fund.
A. There is hereby created the “drug forfeiture and seizure fund,” to be known as Fund No. 120, for the purposes of depositing to and making expenditures from moneys forfeited and received pursuant to Chapter 69.50 RCW, and BMC 9.08.030. The representative of the city authorized by the mayor may make deposits to and expenditures from said fund.
B. The purpose of Fund No. 120 shall be solely and exclusively for deposits to and expenditure from drug seizure funds received by the city. All appropriate amounts to be forwarded to the state or other entity as required by state law or local ordinance shall be remitted from said fund after receipt of forfeited moneys.
C. Fund No. 120 shall be considered a special depository fund reserved exclusively for drug seizure moneys received and expended, and no other, although said fund may be subject to interfund loan or other normal and usual budgetary process.
D. On the effective date of the ordinance codified in this section, the city clerk/treasurer shall transfer from the general fund, Fund No. 001, into the seized money and property fund, Fund No. 120, those funds currently accumulated in Fines and Forfeits Revenue Account No. 001-000-000-357-40-00-00, “Seized Moneys/Properties – Drug.” (Ord. 363 § 1(Exh. A)(part), 2009: Ord. 311 §§ 1 – 4, 2004. Formerly 3.36.110)
Prior legislation: Ords. 144, 151 and 179.
Code reviser’s note: The Exhibit A referenced in this section is available in the office of the city clerk/treasurer for public review and examination.