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City of Saco, ME
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The Code
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Part I Administrative Legislation
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Chapter 15 Funds
Chapter 15
Funds
[HISTORY: Adopted by the City Council of the City of Saco
5-1-1995
as Ch. VI, Secs. 6-2, 6-3, 6-4 and 6-11, of the 1994 Code. Amendments noted where applicable.]
GENERAL REFERENCES
Administrative Code — See Ch.
4
.
Purchasing — See Ch.
38
.
Article I
City of Saco Trust Funds
§ 15-1
Scope; Board of Trustees.
§ 15-2
Membership and term.
§ 15-3
Qualifications; bond.
§ 15-4
Meetings; compensation.
§ 15-5
Vacancies.
§ 15-6
Officers; rules.
§ 15-7
Records and reports; audit.
§ 15-8
Investments.
§ 15-9
Additional powers and duties.
Article II
Lucia Kimball Deering Hospital Fund
§ 15-10
Board of Trustees.
§ 15-11
Membership and term.
§ 15-12
Qualifications; bond.
§ 15-13
Compensation.
§ 15-14
Meetings; officers; compensation and bond of Treasurer.
§ 15-15
Rules and orders.
§ 15-16
Records.
§ 15-17
Investments.
§ 15-18
Yearly statement.
Article III
Asset Forfeiture Funds
§ 15-19
Purpose.
§ 15-20
Authorization to accept funds or gifts.
§ 15-21
Special nonlapsing fund.
§ 15-22
Applicability of purchasing regulations.
§ 15-23
Reports.
Article IV
Unassigned Fund Balance Policy
§ 15-24
Definition and classification.
§ 15-25
Findings.
§ 15-26
Objective.
§ 15-27
Shortfalls.
§ 15-28
Surplus.
§ 15-29
Administration.
§ 15-30
Emergency actions permitted.
Article V
Other Funds
§ 15-31
Funds governed by ordinance.