Earlier editions: 2026-09
Title 3 — FINANCE›Chapter 3 — FUNDS
Watsonville Municipal Code Art. 3 Sales Tax Revenue Fund
Watsonville Municipal Code · 2026-10 edition · updated 2026-10-05 · Watsonville
Cite as: Watsonville Municipal Code Article 3 · Text as of 2026-10-05
3-3.301 Created.¶
There is hereby created a fund to be designated as the “Sales Tax Revenue Fund”.
(§ 2, Ord. 36 C-M)
3-3.302 Deposits.¶
All moneys received from the State Board of Equalization derived from the sales and use tax pursuant to the provisions of Article 2 of Chapter 6 of this title shall be deposited in the Sales Tax Revenue Fund for the general use of the City as determined by the Council.
(§ 3, Ord. 36 C-M)
3-3.303 Expenditures.¶
The Council shall from time to time determine what portion of the Sales Tax Revenue Fund, or any other reserve funds, shall be transferred to the General Fund and/or the Capital Outlays Fund.
(§ 4, Ord. 36 C-M)
Get a plain-English answer with a citation back to this text.
Ask AI about this code