There is hereby created in the treasury of the city a fund to
be known as the general fund.
(Ord. 1745 § 1, 2002)
The general fund shall receive all municipal revenues not specifically
restricted for some special purpose or required to be accounted for
separately and shall bear all expenditures necessary for the operation
of city government except the expenditure of those revenues specifically
designated for special purposes or required to be accounted for separately.
(Ord. 1745 § 2, 2002)
In addition to those fiscal funds established by ordinance of
the city council, the finance director, with the concurrence of the
city manager, may establish and maintain within the treasury of the
city such other fiscal funds as may be required by federal or state
law or as may be deemed necessary or desirable to provide for efficient
operation, control and accounting of the fiscal affairs of the city.
(Ord. 1745 § 3, 2002)
Except as otherwise stated in this chapter, interest earned
on all governmental activity funds cash balances shall be recorded
as revenue to the general fund to the extent permitted by generally
accepted accounting standards, government auditing standards and any
applicable federal and state regulations.
(Ord. 1894 § 6, 2008)
