Earlier editions: 2026-09
Chapter 12 — FINANCE›Article 2 — FUNDS
Monterey Municipal Code Div. 2 Library Trust Fund
Monterey Municipal Code · 2026-10 edition · updated 2026-10-05 · Monterey
Cite as: Monterey Municipal Code Division 2 · Text as of 2026-10-05
Sec. 12-6. Established.¶
A fund designated the “Library Trust Fund” is hereby established.
Sec. 12-7. Accumulation of money.¶
All gifts and bequests received for the use of the library, and all miscellaneous revenues, except fines, of the library shall be placed in the Library Trust Fund.
Sec. 12-8. Expenditures.¶
Expenditures from the Library Trust Fund shall be for such library purposes as are requested by the Board of Library Trustees and as are in conformity with the conditions of any gifts or bequests.
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