A. The monies coming into the treasury of the city from taxation, licenses, permits, fees and other sources shall be deposited into a checking/savings sweep account at Mountain West Bank in Hailey, Idaho, and shall be accounted for in the following funds:
1. General fund;
2. Proprietary funds;
3. Capital project funds;
4. Debt service funds;
5. Fiduciary funds.
B. The monies from these funds shall be invested in interest bearing accounts at the state of Idaho joint powers investment pool. (Ord. 832 § 1, 2002; Ord. 12 § 1, 1903)