Skip to main content
Loading…
Search Within This
4.95.110 Expenditures from the fund.
This section is included in your selections.

(1) The administrative committee shall make recommendations to the county council concerning expenditures from the fund. The budget for the fund shall be adopted as part of the regular county budget process. The following priority shall be honored regarding revenue to support expenditures from the funds:

(a) first, interest earned from the principal of the fund;

(b) second, any gifts, bequests, or grants to the fund;

(c) third, any funds made available by the county council; and

(d) fourth, principal of the fund.

(2) Any decision recommending spending down any portion of the principal of the fund for uses allowed for expenditures from the fund shall require a unanimous vote of the administrative committee. (Added by Amended Ord. 09-002, Mar. 25, 2009, Eff date Apr. 19, 2009).