§ 40-61. Disposition of funds.

Latest version.

The director shall provide the necessary accounting services for the department and shall deposit all sums of money received for the department in separate accounts and shall credit each account within the department for the purposes required by this chapter and consistent with the department budget. The director shall make disbursements and fund transfers from the proper accounts in the funds as directed by the department in accordance with the provisions of this chapter for the payment of principal and interest on bonds and other budgeted expenditures.

(Ord. No. 85-20, § 1, 1985; Code 1985, § 13.03.010)

                    
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