Earlier editions: 2026-09
Title 3 — FINANCE›Chapter 3 — FUNDS
Watsonville Municipal Code Art. 6 Enterprise Funds
Watsonville Municipal Code · 2026-10 edition · updated 2026-10-05 · Watsonville
Cite as: Watsonville Municipal Code Article 6 · Text as of 2026-10-05
3-3.601 Establishment of Enterprise Funds.¶
There is hereby created a fund to be designated as the “Enterprise Funds”.
(§ 1, Ord. 198 C-M, eff. December 26, 1968)
3-3.602 Deposits.¶
All moneys received from the various self-supporting enterprises of the City shall be deposited to the applicable Enterprise Fund.
(§ 1, Ord. 198 C-M, eff. December 26, 1968)
3-3.603 Expenditures.¶
All moneys in the Enterprise Funds shall be expended first for operation and maintenance expenses and thereafter for capital expenditures as approved by the Council. Any excess over operation and maintenance and authorized capital expenditures may be transferred to the General Fund or other funds as may be authorized by resolution of the Council. The accounting of such funds shall be carried out under normal accounting procedures as outlined by the National Committee on Governmental Accounting Procedures.
(§ 1, Ord. 198 C-M, eff. December 26, 1968)
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