The director of budget and fiscal services and the chief budget officer shall be responsible for the administration of the federal revenue sharing fund. Expenditures from the federal revenue sharing fund shall be in accordance with prescribed laws and procedures applicable to expenditures of city revenues.
(Sec. 5-24.3, R.O. 1978 (1983 Ed.)) (1990 Code, Ch. 6, Art. 19, § 6-19.3)