Title 07 Finance
Chapter 07.08 Funds
Article VI. Internal Service Funds
Section 07.08.503 Worker’s Compensation Fund
- There is created a revolving fund to be known as the “worker’s compensation fund” into which shall be transferred all moneys budgeted and appropriated as appropriately determined based upon covered payrolls and appropriately determined rates together with any other funds that may become legally available in carrying out the purpose of the State of Washington industrial insurance laws.
- All moneys deposited into said fund shall be expended through the usual fiscal offices of the City as directed by legislative authority of the City and in accordance with approved budgets for the payments of benefits provided by state law and any insurance, reinsurance or other necessary related administrative expenses as may be required.
Date Passed: Monday, May 7, 2007
Effective Date: Wednesday, June 20, 2007
Recodification ORD C34024 Section 1
