2-1-4: TRANSPORTATION BENEFIT DISTRICT FUND:
There is hereby established a fund to be known as the Transportation Benefit District Fund into which shall be deposited monies received by the City with expenditures authorized as are properly chargeable to the fund pursuant to section 8-2-3 of this Code. Monies in the fund shall be used for the planning, establishing, constructing, repairing and maintaining of the trail system identified by the Transportation Benefit District including reasonably related administrative expenses. The fund accounting and all expenditures shall be according to rules developed by the State auditor. Annually during the budget process, the City shall estimate revenues and anticipated appropriations for this fund. (Ord. 83, 3-5-2002)