Title 07 Finance
Chapter 07.08 Funds
Article II. Special Revenue Funds
Section 07.08.144 Workforce Investment Funds
- There is established in the City treasury one or more special revenue funds to be known as the "workforce investment funds." Into these funds are placed all federal funds received which the City may receive under the various employment and training programs along with such local or other funds as may become available to the purposes of these programs.
- The funds will be established according to title and purpose as may be required under federal and/or state accountability regulations.
- These funds are used exclusively for the furtherance of the purposes authorized under grants and approved by the city council. Funds distributed to other governmental sub-agents under authority of approved subgrants may be distributed directly to such subagents as nonbudgeted disbursements.
Date Passed: Monday, November 26, 2007
Effective Date: Wednesday, January 2, 2008
ORD C34140 Section 17
