(a) There is hereby created and established in the Treasury of the City of Los Angeles a special trust fund to be known as the “Targeted-Destination Ambulance Services Revenue Trust Fund”, hereinafter referred to in this chapter as the “Fund”.
(b) The purpose of the Fund shall be for the receipt, retention and disbursement of all fees paid to the City of Los Angeles for targeted-destination ambulance services. Fees paid for targeted-destination ambulance services shall mean fees paid for providing ambulance services to members of prepaid health plans for the purpose of providing patient transportation directly to their designated hospital, and shall include all fees agreed to pursuant to any contract between the City and any health care provider.
(c) The Fund shall be administered by the Fire Chief of the Los Angeles Fire Department (Fire Chief). Expenditures therefrom shall be authorized by the Fire Chief, or his or her designee, and shall be for the purpose of enhancing paramedic services in the community, which may include expenditures for such items as training, medical equipment and vehicles for emergency medical services provided by the Los Angeles Fire Department.
(d) The Fire Chief shall report to the City Council regarding and identifying 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 60 days after the close of the fiscal year.
(e) All interest earned on moneys in the Fund shall be credited to the Fund to be used for the purposes thereof. Moneys in the Fund shall not revert to the Reserve Fund of the City.
SECTION HISTORY
Chapter and Section Added by Ord. No. 173, 325, Eff. 7-7-00.