All accounting funds currently being used by the director of
finance and general services and future accounting funds shall be
established and/or repealed by resolution of the city council.
(Prior code § 1613)
The annual fiscal budget prepared by the city manager shall
list each accounting fund then currently established by resolution
whether or not the fund is in active use.
(Prior code § 1614)
A portion of the moneys received from sales and use taxes shall
be paid into the capital projects fund in such amount or amounts as
may from time to time be authorized or directed by the city council.
Such funds as so deposited may be expended for purposes generally
authorized by law or by the city council to be paid out of such fund.
(Ord. 1026 § 1, 1976)