(a) All investments shall have account ledgers established for each fund participating in that particular investment account. These ledgers shall account for all fund balances and activity in the investment program.
(b) Each fund with a cash investment balance in a particular investment account shall receive its proportionate amount of interest earned for that account on a monthly basis, or other basis if paid other than monthly.
(Ord. 03-62, passed 12-30-2003)