San Fernando Municipal Code Div. 2 Fiscal Administration

The fiscal year shall begin on July 1 of each year and shall end on June 30 of the following year.

(Code 1957, § 2.220)

After reviewing the preliminary budget and making such revisions as it may deem advisable, the city council shall determine the time for the holding of a public hearing thereon and shall cause to have published a notice thereof at least once, not less than ten days prior to the hearing, in a newspaper of general circulation published in the city. At the time advertised, the city council shall hold a public hearing on the proposed budget. At this time interested persons desiring to be heard shall be given such opportunity.

(Code 1957, § 2.221)

At the conclusion of the public hearing as provided in section 2-647, the city council shall further consider the proposed budget and make any revisions it may deem necessary, and on or before July 20 it shall, by resolution, adopt the budget by the affirmative votes of at least three members. Upon final adoption, the budget shall be in effect for the ensuing fiscal year. A copy thereof, certified by the city clerk, shall be filed with the person retained by the city council to perform auditing functions for the council. A certified copy of the adopted budget shall also be placed on file in the office of the city clerk where it shall be available for inspection. The budget so certified shall be reproduced and copies made available for the use of all city departments and offices.

(Code 1957, § 2.222)

From the effective date of the city's budget, the separate and several amounts stated therein as proposed expenditures shall be appropriated by fund to the several departments, offices and agencies for the respective objects and purposes therein named. All appropriations unexpended or unencumbered at the end of each fiscal year shall expire and revert to the unappropriated fund balance or the fund from which appropriated. Any encumbering funds from the next preceding fiscal year shall likewise expire and revert to the respective fund balances.

(Code 1957, § 2.223)

At any meeting after the adoption of the budget, the city council may amend or supplement the budget by a resolution adopted by the affirmative vote of the majority of the council.

(Code 1957, § 2.224)

The finance director is authorized to transfer budget amounts within salary accounts and within M and O accounts at his discretion. Budget transfers between funds, departments or divisions, transfers affecting assets and transfers between capital outlay accounts shall first be approved by the city council. Transfers requiring city council approval shall be submitted as agenda items and approved in accordance with section 2-650.

(Code 1957, § 2.225; Ord. No. 1545, § 8, 11-3-2003)

The city council shall retain, for a contract period not to exceed three years, a qualified independent certified public accountant who, at such times as may be specified by the city council, shall examine annually the financial records and procedures of such officers, employees or departments as the council may direct. As soon as practical after the end of the fiscal year, a final audit and report shall be submitted by such certified public accountant to the city council, city treasurer, administrative officer, finance director, city clerk and city attorney, respectively, with five additional copies to be placed on file in the office of the finance director where they shall be available for inspection by the general public.

(Code 1957, § 2.226; Ord. No. 1545, § 9, 11-3-2003)

(a) To comply with the provisions of Streets and Highways Code § 2113, there is created in the city treasury a special fund to be known as the Special Gas Tax Street Improvement Fund.

(b) All monies received by the city from the state under the provisions of the Streets and Highways Code for the acquisition of real property or interests therein or for engineering or for the construction, maintenance or improvement of streets or highways by the city shall be paid into such fund.

(c) All monies in the fund shall be expended exclusively for the purposes authorized by and subject to the provisions of Streets and Highways Code §§ 2106—2116.

(Code 1957, § 2.230)

(a) To comply with the provisions of Vehicle Code § 42200, there is created in the city treasury a special fund to be known as the Traffic Safety Fund.

(b) All monies received by the city under Penal Code § 1463 in accordance with provisions of Vehicle Code § 42200 shall be paid into such fund.

(c) All monies in the fund shall be expended exclusively for the purposes authorized by and subject to the provisions of Vehicle Code § 42200.

(Code 1957, § 2.231)

(a) To comply with the requirements of the Metropolitan Transit Authority, there is created in the city treasury a special fund to be designated as "The Prop A Local Transit Assistance Fund."

(b) All monies received by the city from the Metropolitan Transit Authority as the city's share of the transportation sales tax imposed for local transportation purposes, including any interest earned through the investment of Prop A local return funds, shall be paid into this fund.

(c) Before expenditures are made from this fund, all such expenditures shall be budgeted in accordance with the fiscal procedures established in this Code and with such other budget procedures as may be adopted by the city council.

(d) Any and all unexpended balances remaining in the fund at the end of the fiscal year shall be carried forward from year to year and shall be rebudgeted for any use authorized for Prop A local return funds.

(Code 1957, § 2.233)

(a) There is created in the city treasury a special fund to be known as the Refuse and Environmental Services Fund.

(b) All monies received by the city from billings made in accordance with sections 70-33 and 70-34 of this Code shall be paid into such fund.

(c) All monies in the fund shall be expended exclusively as follows:

(1) Payment of the charge to the city per household unit by the residential collector pursuant to a collection agreement authorized under Article II of Chapter 70 of this Code.

(2) Costs of providing street sweeping services.

(3) Administrative costs of billing and collecting residential charges and the NPDES/street sweeping fee as defined by the city council.

(Code 1957, § 2.234; Ord. No. 1551, § 1, 7-6-2004)