Chapter 3.28
ADDITIONAL FUNDS
Sections:
3.28.010 Arterial street fund – Purpose – Establishment.
3.28.030 Cemetery fund – Created.
3.28.040 Cemetery fund – Perpetual care.
3.28.045 Cemetery capital outlay and equipment cumulative reserve fund.
3.28.050 Claims fund – Created – Use and accounting.
3.28.060 Claims fund – Transfers.
3.28.090 Cumulative reserve fund – Expenditures.
3.28.110 Payroll fund – Created.
3.28.120 Payroll fund – Transfers.
3.28.160 Parks enhancement trust fund.
3.28.170 Parks endowment fund.
3.28.180 Parks and recreation capital reserve fund.
3.28.190 Computer rental and replacement fund.
3.28.200 Burlington fiber fund.
3.28.210 First Step Center operating and construction funds.
3.28.010 Arterial street fund – Purpose – Establishment.
The purpose of BMC 3.28.010 and 3.28.020 is to establish a fund to be known as the “arterial street fund,” separate and distinct from the “street fund,” and to prescribe the manner of its operation. (Ord. 588 § 1, 1961).
3.28.020 Arterial street fund – Operation.
Repealed by Ord. 1723. (Ord. 588 § 2, 1961).
3.28.030 Cemetery fund – Created.
There is created a fund to be known as the “cemetery fund” into which shall be deposited all funds received from taxation or other sources for cemetery purposes and from the sale of lots, blocks and grave spaces from tracts conveyed to the city by the Burlington Cemetery Association, or other property hereafter acquired by the city, less such amounts as may be set aside from time to time as a permanent cemetery improvement fund for the maintenance fund or perpetual care fund for the maintenance, upkeep and improvement of said cemetery property and in the care of lots and tracts now and hereinafter occupied for burial purposes as provided in BMC 3.28.040. (Ord. 525 § 1, 1954).
3.28.040 Cemetery fund – Perpetual care.
At least 10 percent of the proceeds received from the sale of lots, tracts or parcels of land for burial purposes shall be set aside into a permanent fund to be known as the “cemetery perpetual care fund.” Said fund shall be kept perpetually invested from time to time in safe, interest-bearing securities as directed by the city council. The interest only received from the investment of said fund shall be used in the care and upkeep of the lots or tracts so sold. The sum of $7,000 from the perpetual care fund of the Burlington Cemetery Association, which sum was donated to the city for the care of the cemetery, shall also be conveyed into the cemetery perpetual care fund, and the interest therefrom shall be used for the care of the lots or tracts for which said $7,000 was contributed. The fund shall be perpetual and irreducible, and shall be used for no other purposes than specified in this section. (Ord. 1104 § 2, 1987; Ord. 525 § 2, 1954).
3.28.045 Cemetery capital outlay and equipment cumulative reserve fund.
At least 15 percent of the proceeds received from the sale of lots, tracts or parcels of land for burial purposes shall be set aside into a fund to be known as the “cemetery capital outlay and equipment cumulative reserve fund.” Such fund shall be kept invested in safe, interest-bearing securities as directed by the city council. The interest only received from the investment of the fund shall be used in the care and upkeep of the lots or tracts so sold. (Ord. 1104 § 3, 1987).
3.28.050 Claims fund – Created – Use and accounting.
There is created a fund to be known as the “claims fund,” into which fund there may be paid moneys from time to time from any funds which are available, and upon which fund warrants may be issued and paid in payment of claims against the city for any purpose. Appropriate accounting shall be maintained to show the department or departments and the respective amounts for which the warrants are issued and paid. (Ord. 513 § 2, 1953).
3.28.060 Claims fund – Transfers.
Transfers from an insolvent fund to the claims fund shall be by warrant. (Ord. 513 § 3, 1953).
3.28.070 Cumulative reserve fund – For garbage equipment.
Repealed by Ord. 1723. (Ord. 785 § 1, 1972).
3.28.080 Cumulative reserve fund – For cemetery capital outlay and equipment.
Superseded by Ord. 1104.1 (Ord. 785 § 2, 1972).
3.28.090 Cumulative reserve fund – Expenditures.
All expenditures relevant to the fund established in BMC 3.28.070 shall be paid out and accounted for. (Ord. 785 § 3, 1972).
3.28.100 Refunding bond fund.
A. The purpose of this section is to establish funds and to set forth the procedure and accounting thereof.
B. The following fund is created in the treasury of the city for the deposit and expenditures of all funds related to its respective activity:
1. Refunding bond fund.
C. For accounting purposes, the fund shall be identified as follows:
1. Refunding bond fund, code 404. (Ord. 1067, 1985; Ord. 902 §§ 1, 2, 3, 1978).
3.28.110 Payroll fund – Created.
There is created a fund to be known as the “payroll fund,” into which fund there may be placed from time to time such amounts from any funds available as the city council shall in its discretion direct, and upon which fund warrants may be drawn and cashed for the purpose of paying any moneys due city employees for salaries and wages. Appropriate accounting records shall be kept to show the department or departments and the various amounts to which payments from said fund are properly chargeable. (Ord. 513 § 1, 1953).
3.28.120 Payroll fund – Transfers.
Transfers from an insolvent fund to the payroll fund shall be by warrant. (Ord. 513 § 3, 1953).
3.28.130 Travel expenses revolving fund.
Repealed by Ord. 1838. (Ord. 1146 §§ 1 – 3, 1989).
3.28.140 Cumulative reserve fund – Sewer capital expenditures.
Repealed by Ord. 1723. (Ord. 1245 §§ 1 – 4, 1993).
3.28.150 Cumulative reserve fund – Current expense capital expenditures.
Repealed by Ord. 1723. (Ord. 1246 §§ 1 – 4, 1993).
3.28.160 Parks enhancement trust fund.
A. There is established in the city treasury a special fund to be known and designated as the “Burlington parks enhancement trust fund.”
B. The Burlington parks enhancement trust fund may receive funds from private or public gifts, endowments, donations, bequests, or other similar sources or grants which are intended to be deposited in the Burlington parks enhancement trust fund. Funds which have been deposited in the fund shall be maintained and carried forward at the end of each budget year including interest from investment earnings of the funds.
C. The Burlington parks department shall adopt guidelines for the expenditure of funds which shall be approved by the city council. The city administrator shall be authorized to make expenditures subject to approval by the city council itemizing the various expenditures made. Expenditures from the fund shall be made to supplement and enhance the current parks department budget. (Ord. 1298 §§ 1 – 3, 1995).
3.28.170 Parks endowment fund.
A. There is established in the city treasury a special fund to be known and designated as the “Burlington parks endowment fund.”
B. Funding of the Burlington parks endowment fund shall be by private or public gifts, endowments, donations, bequests or other such sources or grants which are intended to be deposited in the Burlington parks endowment fund. Only income earned from investment of the funds in the endowment fund may be expended unless the city council shall specifically authorize expenditure of principal. All invested funds, including unspent income from investments, shall be maintained in the Burlington parks endowment fund, and carried forward at the end of each budget year.
C. The Burlington parks department shall adopt guidelines for the expenditure of funds from the Burlington parks endowment fund which shall be approved by the city council. All expenditures will be made from the fund only upon recommendation of the parks director and the approval of the city administrator or a designated committee of the board, subject to approval by the city council. (Ord. 1298 §§ 4 – 6, 1995).
3.28.180 Parks and recreation capital reserve fund.
A. There is established in the city treasury a special fund to be known and designated as the “Burlington parks and recreation capital reserve fund.”
B. The Burlington parks and recreation capital reserve fund may receive funds from real estate excise taxes, property and sales taxes, park impact fees, admission taxes, and hotel/motel taxes or other similar sources or grants which are intended or directed to be deposited in the fund. Funds which have been deposited in the fund shall be maintained and carried forward at the end of each year including interest from investment earnings of the fund.
C. The Burlington parks and recreation board shall adopt guidelines for the expenditure of funds which shall be approved by the city council. The parks and recreation director shall be authorized to make expenditures subject to approval by the city council itemizing the various expenditures to be made. The expenditures will be for park capital improvements and acquisitions and parks and recreation machinery and equipment. Expenditures for the fund shall be made to supplement and enhance the current parks and recreation department budget. (Ord. 1409 §§ 1, 2, 3, 1999).
3.28.190 Computer rental and replacement fund.
The city council of the city of Burlington does hereby create the “Fund 502 – computer rental and replacement fund.” (Ord. 1881, 2019).
3.28.200 Burlington fiber fund.
The city council of the city of Burlington does hereby create Fund No. 105 – “Burlington fiber fund.” (Ord. 1896, 2020).
3.28.210 First Step Center operating and construction funds.
The city council of the city of Burlington does hereby create Fund No. 103 – “First Step Center Operating Fund,” and Fund No. 303 – “First Step Center construction fund.” (Ord. 1907, 2021).
3.28.220 1590 fund.
The city council of the city of Burlington does hereby create Fund No. 104 – “1590 fund.” (Ord. 1919, 2022).
Code reviser’s note: Ord. 1104 is codified in BMC 3.28.045. This section has been removed from the code at the request of the city.