Earlier editions: 2026-09

Watsonville Municipal Code Art. 5 Equipment Replacement Fund

Watsonville Municipal Code · 2026-10 edition · updated 2026-10-05 · Watsonville

Cite as: Watsonville Municipal Code Article 5 · Text as of 2026-10-05

3-3.501 Created.¶

There is hereby created a fund to be designated as the “Equipment Replacement Fund”.

(§ 1, Ord. 186 C-M, eff. July 25, 1968)

3-3.502 Deposits.¶

The Council may authorize transfers to the Equipment Replacement Fund in an amount which equals fifty (50%) percent of the net receipts from sales taxes in a fiscal year after capital expenditures and budget appropriations from the sales tax money are approved by the Council.

(§ 1, Ord. 186 C-M, eff. July 25, 1968)

Exceptions & meaning →

3-3.503 Expenditures.¶

All moneys in the Equipment Replacement Fund shall be expended exclusively for the purchase of equipment for the various City departments, not including self-supporting enterprises. All expenditures shall have the approval of the Council.

(§ 1, Ord. 186 C-M, eff. July 25, 1968)

Exceptions & meaning →

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Watsonville Municipal Code

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