Title 07 Finance
Chapter 07.08 Funds
Article VII. Fiduciary Funds
Section 07.08.801 Claims Fund
- There is created a clearing fund to be known as the “claims fund” from which all claims against the City shall be paid unless otherwise directed.
- The chief financial officer is authorized to transfer from appropriate funds to the claims fund amounts equal to claims passed for payment by the proper officers of the City as they become known liabilities of the City.
- The chief financial officer is authorized and directed to issue warrants in payment of claims for materials furnished, services rendered, other expenses or liabilities incurred, all of which shall have been passed for payment by the proper officers of the City.
Date Passed: Monday, May 7, 2007
Effective Date: Wednesday, June 20, 2007
Recodification ORD C34024 Section 1