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Earlier editions: 2026-07

Title 6 — Revenue and Finance

Pacific Grove Municipal Code Ch. 6.40 Property/Liability Insurance Fund and Special Equipment Sinking Fund

Pacific Grove Municipal Code · 2026-10 edition · updated 2026-10-04 · Pacific Grove

Cite as: Pacific Grove Municipal Code Chapter 6.40 · Text as of 2026-10-04

§ 6.40.010. Established.

There are established two new budget funds:

(a) The property/liability insurance fund; and

(b) The special equipment sinking fund.

(Ord. 1481 N.S. § 1, 1985)

Exceptions & meaning →

§ 6.40.020. Source – Distribution.

There is transferred from the general fund reserve to the following listed funds the amounts noted:

Motor Equipment Sinking Fund $100,000
Office Equipment Sinking Fund $100,000
Property/Liability Insurance Fund $300,000
Special Equipment Sinking Fund $50,000

(Ord. 1481 N.S. § 2, 1985)

Exceptions & meaning →

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