Chapter 4.64



FUNDS*

4.64.010 Fund for capital improvement created.
4.64.020 Fund for capital improvement-Transfers.
4.64.030 Parking fund created-Use.
4.64.040 Parking fund-Expenditures.
4.64.050 Gas tax fund created.
4.64.060 Gas tax fund-Source of moneys.
4.64.070 Gas tax fund-Expenditures.
4.64.080 Equipment reserve created.
4.64.090 Equipment reserve-Funding.
4.64.100 Equipment reserve fund-Expenditures.
4.64.110 Petty cash, change fund, checking account and unrestricted credit card pool created.
4.64.120 Pool-Replenishments.
4.64.130 Pool-Regulations.
4.64.140 Restricted credit card usage.
4.64.150 Self-insurance liability reserve fund created.
4.64.160 Liability reserve fund-Source.
4.64.170 Liability reserve fund-Authority.




* For charter provisions as to general budget fund, see Charter, Art. XI, º 14. As to general reserve fund, see Charter, Art. XI, º 15. As to waterworks depreciation fund, see Charter, Art. XI, º 17. As to electric works depreciation fund, see Charter, Art. XI, º 17. As to special fund, see Charter, Art. XI, º 18. As to general service fund, see Charter, Art. XI, º 19. As to waterworks revenue fund, see Charter, Art. XI, º 20. As to electric works revenue fund, see Charter, Art. XI, º 20. As to public service fund, see Charter, Art. XI, º 21. As to public service surplus fund, see Charter, Art. XI, ºº 22 to 22.2.

4.64.010 Fund for capital improvement created.


Pursuant to the provisions of Sections 53730 to 53737, inclusive, of the State Government Code and the provisions of the charter of the city, a capital improvement fund is created. (Prior code º 5-20)

4.64.020 Fund for capital improvement-Transfers.


The director of finance and administrative services is authorized and directed to transfer to the capital improvement fund such sums as may be collected from taxes levied by the city specifically for the capital improvement fund and such sums as the council may from time to time appropriate from the general reserve fund. (Prior code º 5-21)

4.64.030 Parking fund created-Use.


All receipts accruing to the city from the operation of parking meters on streets and city-owned or leased lots, operation of parking garages and parking enforcement activities are all collected for a special purpose, within the meaning of Section 14 of Article XI of the charter of the city, and shall be credited to the parking fund, which is created. (Ord. 5055 º 1, 1994: prior code º 5-22)

4.64.040 Parking fund-Expenditures.


Money in the parking fund shall be expended for the acquisition, installation, operation, maintenance, repair and replacement of parking meters, and expenses incidental thereto, as well as enforcement activities in connection with both on-street and city-owned or leased lots; architectural and engineering studies and analyses, the acquisition by purchase, condemnation or lease, installment, improvement, operation, maintenance, repair and replacement of off-street parking facilities and expenses incidental thereto, including costs and expenses incurred in condemnation proceedings, whether successfully concluded or abandoned; and expense incurred in connection with proposals or proceedings for acquisition of off-street parking facilities, whether such proposals or proceedings are carried out or abandoned. Monetary transfers from the parking fund to the general fund are permissible subject to approval of the city council. (Ord. 5055 º 2, 1994: Ord. 5023 º 1, 1993: prior code º 5-24)

4.64.050 Gas tax fund created.


To comply with the provisions of Article 5 of Chapter 1 of Division 1 of the State Streets and Highways Code, with particular reference to the amendments made thereto by Chapter 642, Statutes of 1935, there is created in the city treasury a special fund to be known as the "gas tax fund." (Prior code º 5-26)

4.64.060 Gas tax fund-Source of moneys.


All moneys received by the city from the state under the provisions of the State Streets and Highways Code for the acquisition of real property or interests therein for, or the construction, maintenance or improvement of streets or highways other than state highways shall be paid into the gas tax fund. (Prior code º 5-27)

4.64.070 Gas tax fund-Expenditures.


All moneys in the fund created by Section 4.64.050 shall be expended exclusively for the purposes authorized by, and subject to all of the provisions of Article 5, Chapter 1, Division 1, of the State Streets and Highways Code. (Prior code º 5-28)

4.64.080 Equipment reserve created.


There is created an equipment reserve which is established for the purpose of setting aside money for acquisition of, or assisting in the acquisition of new and replacement of depreciating vehicles to:

A. Permit acquisition of equipment when needed;

B. Provide more uniformity in annual equipment replacement costs;

C. Make available a budget figure which reflects actual annual cost; and

D. Make available a divisional budget figure which can, in turn, be used for appropriate cost accounting. (Prior code º 5-29)

4.64.090 Equipment reserve-Funding.


A. The equipment reserve shall be funded by amounts derived through the depreciation of vehicles based on a schedule submitted by the city manager as a part of the annual general budget, and such sums as the council may from time to time appropriate. The director of finance and administrative services is authorized to transfer to the equipment reserve account periodically throughout the year such amounts from accounts included in the general budget as adopted by the council as reflect the depreciation of the vehicles.

B. For the purposes of this chapter, "vehicles" includes all wheeled equipment, whether self-propelled or drawn, used for general government purposes. (Prior code º 5-30)

4.64.100 Equipment reserve fund-Expenditures.


Expenditures from the equipment reserve fund may be authorized by the council by the adoption of the general budget or by supplemental appropriation. (Ord. 4977 º 1, 1991: prior code º 5-31)

4.64.110 Petty cash, change fund, checking account and unrestricted credit card pool created.


A city-wide petty cash, change fund, checking account and unrestricted credit card pool is created. Petty cash funds, checking accounts and unrestricted credit cards will be established for the payment of cash expenditures provided for in the budgets of city divisions that cannot conveniently and economically be paid by regular city warrant. Change funds will be established to facilitate operating departments for the collection and payment of money from and to customers. The aggregate of these funds shall not exceed forty thousand dollars and is to be administratively allocated to each city division by the director of finance and administrative services. (Ord. 5167 º 1, 1997: Ord. 5153 º 1, 1997: Ord. 5052 º 1, 1994: Ord. 4977 º 1, 1991: prior code º 5-32)

4.64.120 Pool-Replenishments.


When making demands for the replenishment of petty cash funds, the person entrusted with such funds shall approve and account for all disbursements; and the amounts so expended shall be charged against proper appropriations. (Prior code º 5-33)

4.64.130 Pool-Regulations.


The finance and administrative service divisions shall establish policies and procedures for the audit and verification of petty cash disbursements. (Prior code º 5-34)

4.64.140 Restricted credit card usage.


City-wide restricted credit card usage is authorized. The director of finance and administrative services is authorized to issue restricted gasoline and telephone credit cards which are necessary for the efficient payment of small transaction activities. (Ord. 5154 º 2, 1997)

4.64.150 Self-insurance liability reserve fund created.


A general reserve fund is created to be known as the "self-insurance liability reserve fund" which is established for the purpose of setting aside money for the payment of any liability incurred by the city arising out of ownership of property or acts of its employees as required by law. (Prior code º 5-195)

4.64.160 Liability reserve fund-Source.


The self-insurance liability reserve fund shall be funded by amounts appropriated by the council as a part of the annual general budget and such sums as the council may from time to time appropriate thereto. (Prior code º 5-196)

4.64.170 Liability reserve fund-Authority.


Moneys in the self-insurance liability reserve fund shall be invested to the same extent as any other city funds are being invested. All receipts accruing from such investments, together with any interest received therefrom, shall be collected for a special purpose within the meaning of Section 14 of Article XI of the charter of the city and shall be credited to the self-insurance liability reserve fund. (Prior code º 5-197)