Earlier editions: 2026-09
Santa Ana Municipal Code § 13-40 Creation of a general revenue sharing trust fund
Santa Ana Municipal Code · 2026-10 edition · updated 2026-10-04 · Santa Ana
Cite as: Santa Ana Municipal Code § 13-40 · Text as of 2026-10-04
Sec. 13-40. - Creation of a general revenue sharing trust fund.¶
There is hereby created and established a trust fund for the deposit of all general revenue sharing funds pursuant to the State and Local Fiscal Assistance Act of 1972 (31 U.S.C. 1221 et seq., as amended, and regulations pursuant thereto).
(Ord. No. NS-1455, 10-2-78)
Sec. 13-41. - Deposit of money from general revenue sharing funds.¶
All apportionment of moneys from general revenue sharing funds to the City of Santa Ana shall be deposited in the trust fund.
(Ord. No. NS-1455, 10-2-78)
Sec. 13-42. - Expenditure of funds from general revenue sharing trust fund.¶
The City of Santa Ana shall comply with all laws governing the expenditure of general revenue sharing funds when making any expenditure of funds from the general revenue sharing trust fund.
(Ord. No. NS-1455, 10-2-78)
Sec. 13-43. - Interest and other income.¶
Interest received by the City of Santa Ana from the investment of money in the general revenue sharing trust fund, and all other income derived from the use of such moneys, including but not limited to, rental income and funds derived from sale of surplus properties purchased with such moneys, shall be deposited in the trust fund.
(Ord. No. NS-1455, 10-2-78)
Secs. 13-44—13-49. - Reserved.¶
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