Earlier editions: 2026-09
Title 3 — Revenue and Taxation
Elk Grove Municipal Code Ch. 3.20 Capital Outlay Fund
Elk Grove Municipal Code · 2026-10 edition · updated 2026-10-04 · Elk Grove
Cite as: Elk Grove Municipal Code Chapter 3.20 · Text as of 2026-10-04
For statutory provisions authorizing a capital outlay fund and providing the method of its administration, see Section 53731, et seq., of the Government Code.
§ 3.20.010. Fund created.¶
There is hereby created a fund known as the “capital outlay construction fund,” in accordance with the provisions of Sections 53731 and 53737 of the Government Code.
(Ord. 2000-1 § 1, eff. 7-1-2000; Ord. 2000-14A § 1, eff. 10-25-2000; Ord. 7-2009 § 3, eff. 5-1-2009)
§ 3.20.020. Purpose.¶
The fund shall be an accumulation of monies for future expenditures for capital outlays.
(Ord. 2000-1 § 1, eff. 7-1-2000; Ord. 2000-14A § 1, eff. 10-25-2000; Ord. 7-2009 § 3, eff. 5-1-2009)
§ 3.20.030. Method of raising funds.¶
Funds for the capital outlay fund may be raised as part of the tax levy for the general fund appropriation for City construction, in such amounts as the City Council may approve from year to year. The amounts so raised shall be transferred from the City construction fund to the capital outlay fund.
(Ord. 2000-1 § 1, eff. 7-1-2000; Ord. 2000-14A § 1, eff. 10-25-2000; Ord. 7-2009 § 3, eff. 5-1-2009)
§ 3.20.040. Transfer of funds.¶
The City Council may transfer to said fund any unencumbered surplus funds remaining on hand at the end of any fiscal year.
(Ord. 2000-1 § 1, eff. 7-1-2000; Ord. 2000-14A § 1, eff. 10-25-2000; Ord. 7-2009 § 3, eff. 5-1-2009)
§ 3.20.050. Transferral from library fund.¶
All funds now in the library fund, or which may be raised for said fund pursuant to the provisions of Section 27263 of the Education Code, are hereby transferred to the capital outlay construction fund, but such funds shall be used and expended solely for the purposes authorized by Section 27263.
(Ord. 2000-1 § 1, eff. 7-1-2000; Ord. 2000-14A § 1, eff. 10-25-2000; Ord. 7-2009 § 3, eff. 5-1-2009)
§ 3.20.060. Uses limited.¶
The capital outlay fund shall remain inviolate for the making of capital outlays, including site acquisition, site development, architectural services, inspection services, engineering services, construction, reconstruction and alterations, and no monies shall be disbursed therefrom except for such purposes.
(Ord. 2000-1 § 1, eff. 7-1-2000; Ord. 2000-14A § 1, eff. 10-25-2000; Ord. 7-2009 § 3, eff. 5-1-2009)
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