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Sec. 5.467. Creation and Administration of Police Department Trust Fund.
 
   (a)   There is hereby created and established within the Treasury of the City of Los Angeles a special fund to be known as the “Police Department Trust Fund”, hereinafter referred to as the “Fund”.
 
   (b)   Said Fund shall be used to augment established programs and activities of the Police Department, and may be used for the purchase of equipment, services or furnishings in support of such programs and activities, subject to any special terms or conditions attached to individual gifts, contributions, or bequests to the City.
 
   (c)   All monetary gifts, contributions, or bequests accepted by the City Council or by the Board of Police Commissioners for Police Department purposes set forth in this chapter, shall be placed in the Fund.
 
   The Board of Police Commissioners shall inform the Controller of any special terms or conditions placed upon the use of money deposited in the Fund and under which the money was accepted either by the Board of Police Commissioners or the City Council. The Controller shall establish a special account within the Fund for each accepted monetary gift, contribution or bequest which is so limited. No money shall be expended therefrom except in satisfaction of and in compliance with those special terms or conditions under which that money was accepted. Any request by the Board of Police Commissioners for an expenditure of money from any such special account shall be accompanied by information to the Controller that the expenditure of said money does not breach or violate the special terms or conditions under which the money was accepted and placed into the special account involved.
 
   All other monetary gifts, contributions, or bequests which were accepted without special terms or conditions upon their use shall be placed in a separate account established in the Fund by the Controller for such purpose.
 
   (d)   Monetary gifts, contributions, or bequests to the Police Department, or to a division or operation thereof, or to the Police Commission, or for the purchase of equipment, services, or furnishings in support of the programs and activities of the Police Department, which exceed in value the sum of $10,000 shall be submitted to the City Council for acceptance or rejection. Offers which are monetary only, or which are a part of an offer of money and property, the aggregate total value of which offer is $10,000 or less, may be accepted or rejected for the City by the Board of Police Commissioners.
 
   (e)   The Fund shall be administered and expenditures therefrom may be authorized, by the Board of Police Commissioners, in accordance with established City practice, provided, however, that no expenditures shall be made from such Fund for purposes which are contrary to the budget policy of the Police Department as established by the Mayor and Council.
 
   (f)   The Board of Police Commissioners shall maintain records regarding and identifying all receipts into, and all expenditures out of, the Fund, as well as the purposes for which the expenditures were made. Reports containing such information shall be made available upon request by the Mayor or Council.
 
   (g)   All interest and other earnings attributable to monies in the Fund or to any account within the Fund shall be credited to the Fund or to the account to which it is attributable and shall be devoted to the purposes of the Fund.
 
SECTION HISTORY
 
Chapter and Section Added by Ord. No. 170,077, Eff. 11-20-94.
Amended by: Subsec. (g) added, Ord. No. 176,188, Eff. 10-9-04.