§ 3.04.030. Funds—Categories

Latest version.

All funds paid to or received by the city consist of the following:
A.

All funds which by reason of statutes, ordinances or by the directions of the payer of said funds come into the hands or custody of the city treasurer for deposit with a legal depository selected by the city treasurer in accordance with requirements of section 53635 of the California Government Code (herein "the treasurer's funds").

B.

All funds paid to or received by the city the deposit of which by the city is governed by contract approved by the city council or by statute (herein "the restricted funds").

C.

All funds paid to or received by the city which are not treasurer's funds and which are not restricted funds but may be subject to the deposit with a legal depository selected in accordance with requirements of section 53679 of the California Government Code (herein "the unrestricted funds").

(Ord. No. 359)

                    
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