[CC 1975 §80.500; Ord. No. 91-14 §80.500, 3-19-1991]
All revenue derived from the source specified in Article III of this Chapter, except general taxes levied for the creation of sinking funds for the payment of bonded indebtedness and interest thereon, shall be deposited in a fund to be known as the "General Revenue Fund", from which fund shall be paid all operating expenses of the City of Carl Junction.
[CC 1975 §80.510; Ord. No. 91-14 §80.510, 3-19-1991]
All funds derived by the City from the operation of its municipality
owned water works shall be deposited in a fund to be known as the
"Water Fund". The monies deposited in said fund shall be used first
for the payment of the expenses of operating said water works. Any
surplus remaining in said fund after the payment of the operating
expenses of the water works, and after retaining sufficient sums to
meet the anticipated expenses for the ensuing month, may be appropriated
from the Water Fund into the General Revenue Fund of the City, by
ordinance.
[CC 1975 §80.520; Ord. No. 91-14 §80.520, 3-19-1991]
Any sums received by the City from taxes levied for the payment
of principal and interest on any bond issue or issues now or hereafter
outstanding shall be paid into appropriate sinking funds, and the
money deposited in said funds shall be used only for the purpose of
paying the principal and interest on the bond issue for which the
sinking fund was created. Provided, however, that after the full amount
of bonds, and interest thereon, have been paid, the balance, if any,
may be, by ordinance, appropriated into the General Fund of the City.
[CC 1975 §80.530; Ord. No. 91-14 §80.530, 3-19-1991]
No money shall be paid out of any fund belonging to the City
until the Board shall have adopted an ordinance appropriating out
of a particular fund the exact amount required to meet any particular
demand or demands against the City. No money shall be paid out of
any fund except upon warrant as hereinafter provided.
[CC 1975 §80.540; Ord. No. 91-14 §80.540, 3-19-1991]
No money shall be paid out of the Treasury except on a warrant
signed by the Mayor and attested by the Clerk. No warrant shall be
drawn upon the Treasurer, nor shall any ordinance appropriating money
be passed, unless there is an unexpended balance to the credit of
the City in the fund in the Treasury upon which such warrant is drawn,
to meet such warrant, or a sufficient sum of unappropriated money
in the fund in the Treasury upon which such ordinance is drawn, to
meet such ordinance. Every bill that contemplates the payment of money
shall, upon its second (2nd) reading, be referred to the Treasurer,
or the person acting as Treasurer, for his/her indorsement to the
effect that a sufficient sum stands to the credit of the City, unappropriated,
in the fund covered by such ordinance, to meet the requirements of
such bills.
[CC 1975 §80.550; Ord. No. 91-14 §80.550, 3-19-1991]
All warrants drawn upon the Treasury shall be drawn in favor
of the person to whom the amount thereof shall have been allowed,
and not in favor of any other person or persons.
[CC 1975 §80.560; Ord. No. 91-14 §80.560, 3-19-1991]
The Treasurer shall not pay any warrant drawn on him/her, unless
such warrant be presented for payment by the person in whose favor
the same is drawn, or by his/her assignee, executor, or Administrator.
[CC 1975 §80.570; Ord. No. 91-14 §80.570, 3-19-1991]
All warrants issued by the City shall be assignable, and the
assignment thereof shall be in the following form:
For value received, I, _____________________, do hereby assign
all of my right in the within warrant, number __________, to _____________________,
this __________ day, of _____________________, 20_____.
