Ordinance No. 73-04 CITY OF TIGARD, OREGON
ORDINANCE No.73-4-
AN ORDINANCE ESTABLISHING A SPECIAL REVENUE FUND DESIGNATED "FEDERAL
SHARING TRUST FUND, DIRECTING DEPOSIT OF ALL FEDERAL REVENUE MTXRM
NE HF."R3aTR _T0TUIRING COMPLIANCE WITH THE LOCAL BUDGET LAW WITH
RESPECT TO USE OF ALL SHARING FUNDS AND PRESCRIBING °^COUNTT_NG REQUIRE-
MENTS; FIXING EFFECTIVE DATE AND DECLARING AN EMERGENCY.
THE CITY OF TIGARD ORDAINS AS FOLLOWS:
Section 1: There is hereby established a special revenue fund of
the City of Tigard designated "FEDERAL SHARING TROT FUND"
for the purpose of conforming to the requiremen s o ect on a
of Public Law 92-512 of the Federal Congress known as the "Revenue
Sharing Act".
Section 2: All payments as and when received by the City of Tigard
pursuant to the Revenue Sharing Act shall be separately
maintained and deposited in said "FEDERAL SHARING TRUST FUND", to-
gether with any increments thereto or interest thereon.
Section 3: No obligation against or ex.�enditure from said FUND shall
be undertaken at any time unless as a condition precedent
thereto the requirements of §§294.305 to 294.520 ORS (Local Budget
Law) have been fully met, with particular respect to budgeting and
supplemental budgeting.
Section 4: Obligations against or expenditures from said FUND shall
conform to the limitations of Section 103(a) of the
Revenue Sharing Act in pertinent part providing for priority expendi-
tures as follows:
"(1) ordinary and necessary maintenance and operating
expenses for --
"(a) public safety (including law enforcement,
fire protection and building code enforcement)
"(b) environmental protection (including sewage
disposal, sanitation and pollution abatement)
public tranaFnrtation (including transit Systems
and atreets and roads)
"(d) 'health
"(e) recreation
"(f) libraries
"(g) social services for the poor or aged, and
"(h) financial administration
"(2) ordinary and necessary capital expenditures authorized
by law ."
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Section 5: That pursuant to. Section 104 of the Revenue Sharing Act
the use of moneys from said FUND either directly or
indirectly to obtain federal matching funds by the City of Tigard
Is expressly prohibited.
Section 6: The City Recorder be, and she is hereby., authorized and
�- - directed to establish all accounting records needful and
necessary in accordance with prescribed procedures to account for
all funds received and all obligations and expenditures thereagainst
as part of the City's fiscal records, thus to currently maintain at
all times proper records of accountability therefor as required by
law.
Section 7: Inasmuch as the City of Tigard has heretofore :received
the sum of $ 22 .pp pursuant to the federal
Revenue Sharing Act, d ant s necessary for the peace, health and
safety of the people of the City of Tigard that immediate provision
be made :to assure proper custody, accountability and use of said
funds, an emergency is hereby declared to exist and this ordinance
shall be. effective upon its passage by the Council and approval by
the Mayor.
PASSED: ByAnanim6us vote of all Council members present, after
being read three times by number and title only, this
12th day of February, 1973
ecorder - City or. Bard
APPROVED: By the Mayor, this 12th day of February, 1973
-
or - Cty-
i.y
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