Skip to code content (skip section selection)
Compare to:
Sec. 8.148.3. Establishment and Operation of “Salaries and Expense Reimbursement Account.”
 
   A revolving fund account to be known as “Salaries and Expense Reimbursement Account” is hereby established. The funds in the account shall be used solely for the reimbursement to the Los Angeles City Tourism Department labor and expense accounts for expenses incurred as a result of providing client requested services or materials. The Department shall charge the service requestor an amount sufficient to recover the total cost of providing the service. The receipts received from billings to the service requestor for provided services or materials shall be deposited into said account. At the end of each fiscal year all unencumbered funds in the account in excess of $100,000.00 shall be transferred to the Los Angeles Convention Center Revenue Fund. Additional funds beyond the $100,000.00 may be appropriated to the Salaries and Expense Reimbursement Account in the budget or at any time subsequent to the adoption of the budget.
 
SECTION HISTORY
 
Added by Ord. No. 172,877, Eff. 11-28-99.
Readopted by Ord. No. 173,492, Eff. 10-10-00.
Amended by: Ord. No. 183,008, Eff. 6-9-14; Ord. No. 187,183, Eff. 10-18-21.