Los Angeles Municipal Code Art. 1 General Fund

All money paid into the City Treasury shall be credited to and kept in separate funds in accordance with the provisions of the Charter, the law, or ordinance. The following funds are hereby established: Fire and police general pension fund, fire and police service pension fund, new system general pension fund, new system service pension fund, general fund, harbor revenue fund, library fund, park fund, playground and recreation fund, power revenue fund, reserve fund, water revenue fund, and such bond funds, interest funds, sinking funds, trust funds, and other funds as may be required by law or ordinance. For the purposes of the Charter, the “General Fund” is established as a medium of control of and accounting for municipal activities other than activities authorized or contemplated by special funds. All revenues and receipts which are not by law or Charter pledged or encumbered for special purposes shall be credited to the “General Fund”.

SECTION HISTORY

Based on Charter, Sec. 380. Amended by: Ord. No. 154,252, Eff. 9-11-80. Renumbered Sec. 5.116, Ord. No. 159,509, Eff. 12-21-84.