(A) There is hereby maintained a non-reverting fund pursuant to Indiana law to be known as The City of Fishers Non-Reverting Parks and Recreation Fund.
(B) Revenues collected from the following activities shall be deposited into the Fund:
(1) Parks and recreation program fees;
(2) Parks and recreational facility rental fees;
(3) Revenue from the sale of parks and recreation related merchandise; and
(4) Revenue collected from the sale of advertising space on parks and recreation material.
(C) The Public Works and Safety Board shall provide periodically for expenditures from this Fund for the following purposes:
(1) Parks and recreation programs and activities;
(2) Parks and recreation and material costs; and
(3) The improvement of parks and recreation amenities and infrastructure.
(D) All costs associated with the Parks and Recreation Department, including but not limited to administrative and overhead costs, shall be applied to this Fund for accounting and recordkeeping purposes.
(Res. R111708B, passed 11-17-08; Am. Ord. 091514A, passed 11-17-14)