Earlier editions: 2026-07
El Cajon Municipal Code Ch. 3.12 Capital Outlay Fund
El Cajon Municipal Code · 2026-10 edition · updated 2026-10-04 · El Cajon
Cite as: El Cajon Municipal Code Chapter 3.12 · Text as of 2026-10-04
§ 3.12.010. Created.¶
Pursuant to Sections 53730.5 through 53737 of the California Government Code, a capital outlay fund is established for the city.
(Prior code § 11-10; Ord. 4602 § 5, 1999)
§ 3.12.020. Levying and collecting assessments—Authority.¶
The city council may levy and collect assessments or taxes for the creation and accumulation of a fund for capital outlays, not to exceed any limitation prescribed by law.
(Prior code § 11-11)
§ 3.12.030. Showing on annual budget.¶
The capital outlay fund shall be shown on the annual budget as reserves for future expenditures in subsequent years, and when so shown shall be identical as to purpose but need not be itemized.
(Prior code § 11-13)
§ 3.12.040. Transfer of annual surplus into fund.¶
The city council may transfer to the capital outlay fund any unencumbered surplus funds remaining on hand at the end of the fiscal year.
(Prior code § 11-14)
§ 3.12.050. Expenditures limited.¶
The capital outlay fund shall remain inviolate for the making of any capital outlays. Money shall not be disbursed from the fund except for such purpose unless the city council submits a proposition to the electors to obtain their consent to use the money in the fund for some other specific purpose and it is approved by a two-thirds vote of all voters voting at the election.
(Prior code § 11-15; Ord. 4528, 1997)
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