Del Rey Oaks Municipal Code Ch. 3.04 Fiscal Provisions Generally

The city council of the city does allege that the duties of assessing property and collecting taxes provided by law to be performed by the assessor and tax collector of the city shall be performed by the county assessor and the county tax collector of the County of Monterey.

(Prior code § 3-101)

There are established in the city the following funds:

A. A general fund;

B. A special gas tax street improvement fund, as provided in Sections 2113 and 2114.5 of the Streets and Highways Code of the State of California;

C. A motor vehicle license fee fund as provided in Section 11005 of the Revenue and Taxation Code of the State of California;

D. A traffic safety fund, as provided in Section 1463.001 of the Penal Code of the State of California;

E. An equipment rental fund;

F. A capital outlay fund, as provided in Article 4, Chapter 4, Part 1, Division 2, Title 5 of the Government Code of the State of California (Sections 53730.5 to 53737);

G. An employees and officers trust fund.

(Ord. 233 § 4, 1995: prior code § 3-201)

A. All moneys received by the city from the State of California pursuant to said sections of the Revenue Code and the Streets and Highways Code shall be paid respectively into said funds.

B. All moneys in said funds shall be expended exclusively for the purposes authorized by and subject to all of the provisions of the respective legislative acts providing therefor.

(Prior code §§ 3-202, 3-203)