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Sec. 5.150. Creation and Administration of the Fund.
 
   (a)   There is hereby created and established in the Treasury of the City of Los Angeles a special fund to be known as the “Electronic Animal Identification Device Revolving Fund,” hereinafter referred to in this chapter as the “Fund.”
 
   (b)   The purpose of the Fund shall be to receive revenues and make expenditures in connection with the implantation by the Department of Animal Services or its authorized agent of Electronic Animal Identification Devices.
 
   (c)   All fees collected by the Department of Animal Services or its authorized agent for the implantation of Electronic Animal Identification Devices shall be deposited in the Fund.
 
   (d)   All interest and other earnings attributable to monies in the Fund shall be credited to the Fund.
 
   (e)   Monies deposited in the Fund shall be used to pay for all expenditures connected with the purchase and implantation of Electronic Animal Identification Devices by the Department of Animal Services.
 
   (f)   The Fund shall be administered and expenditures shall be authorized by the General Manager of the Department of Animal Services or his or her designee.
 
   (g)   Monies remaining in the Fund at the end of each fiscal year shall be transferred to the General Fund.
 
   (h)   The General Manager of the Department of Animal Services shall report to the City Council and the Mayor regarding and identifying all receipts into, and all expenditures out of, the Fund, as well as the purposes for which the expenditures were made. Each report shall cover a fiscal year and shall be submitted within 90 days after the close of said fiscal year.
 
SECTION HISTORY
 
Article and Section Added by Ord. No. 171,985, Eff. 5-18-98.
Amended by: “Department of Animal Regulation” renamed “Department of Animal Services,” Ord. No. 174,661, Eff. 8-9-02.