All moneys received from the United States of America as grants for specific projects, in addition to supporting moneys from other sources, where such moneys are not accounted for in any other fund, shall be deposited into the federal grants fund. Any related budgetary appropriations of city moneys shall be transferred into the federal grants fund. All moneys deposited or transferred into the federal grants fund shall be maintained in separate accounts identified with, and expended for, the purposes for which such moneys are received or appropriated.
(Sec. 5-17.2, R.O. 1978 (1983 Ed.)) (1990 Code, Ch. 6, Art. 13, § 6-13.2)