(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 "Commission on Community and Family Services Trust Fund", hereinafter referred to in this Chapter as the "Fund".
(b) The Fund shall be used to create new programs and activities and to support or augment established programs and activities of the "Commission on Community and Family Services", hereinafter referred to in this Chapter as the "Commission", and may be used for the purchase of equipment, services, furnishings, or any lawful purpose in support of such programs and activities, subject to any special terms or conditions attached to individual gifts, contributions, or bequests to the City. The Fund may also be used by the Commission to support or augment new or established programs of other City departments, other public agencies, or not-for-profit agencies that the Commission determines will assist in combating poverty and in supporting children, youth, and their families.
(c) All monetary gifts, contributions or bequests to the City for the purposes set forth in this Chapter which exceed the sum of $10,000 shall be submitted to the City Council for acceptance or rejection. All such monetary gifts, contribution, or bequests which do not exceed the sum of $10,000 shall be submitted to the Commission or its designee for acceptance or rejection. The Commission's designee for purposes of this Chapter shall be a full-time employee serving in a duly authorized position on the staff of the Community Investment for Families Department or a successor department.
(d) All monetary gifts, contributions, or bequests accepted by the City Council or the Commission or its designee for the purposes set forth in this Chapter shall be placed in the Fund.
(e) The Board or its designee shall inform the Controller of any special terms or conditions placed upon the use of all moneys accepted for deposit in the Fund. The Controller shall establish a separate account within the Fund for each specific use for all accepted monetary gifts, contributions or bequests which contain any special term or condition. No money shall be expended from the Fund except in compliance with each special term or condition under which the money was accepted. Any request by the Board or its designee for an expenditure of money from any separate account shall be accompanied by sufficient information for the Controller to determine that the proposed expenditure does not contravene the specific use for which the separate account was established.
(f) All monetary gifts, contributions or bequests which are accepted without special terms or conditions upon their use shall be placed in a general account established in the Fund by the Controller.
(g) All interest or other earnings attributable to money in the Fund shall be credited to the Fund and shall be devoted to the purposes set forth in this Chapter.
(h) The Fund shall be administered and expenditures therefrom shall be authorized by the Commission or its designee in accordance with established City practice, provided, however, no expenditure shall be made from the Fund for any purpose which is contrary to the budget policy of the Commission as established by the Mayor and Council.
(i) The Commission shall report to the City Council 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 the most recent six-month period of time which commenced on April 1 or October 1 and shall be submitted within 60 days after the close of the period.
SECTION HISTORY
Chapter and Section Added by Ord. No. 181,192, Eff. 7-27-10.
Amended by: Ord. No. 182,718, Eff. 10-30-13; Ord. No. 187,122, Eff. 8-8-21.