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Sec. 5.121.11. Creation and Administration of 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 Code Compliance Fund (the “Fund”). The purpose of the Fund shall be for the receipt of all monies collected pursuant to Chapter 1, Article 1.2, Sections 11.2.01 and following, of the Los Angeles Municipal Code, which, except for amounts required to be refunded pursuant to Los Angeles Municipal Code Section 11.2.09, shall constitute General Fund receipts. Receipts to the Fund shall be recorded as Administrative Fines, Enforcement Costs, or Administrative Costs respectively by the issuing Department. The Fund shall be under control of the City Council for all purposes, subject to the approval of the Mayor in the same manner and to the same extent as similar budget actions, and shall be administered by the Office of Finance. The Office of Finance shall work with the City Departments and the City Attorney to establish a system for the receipt and deposit of all receipts required to be deposited into the Fund.
 
   (b)   A separate account shall be established for deposit of all monies derived from the advance deposits identified in Article 1.2 of Chapter 1, Sections 11.2.01 and following, of the Los Angeles Municipal Code, which are required to be deposited into the Fund and held until the conclusion of the administrative hearing process at which time the monies will either be transferred to the general account of the Fund or refunded to the Responsible Person. Monies remaining in this account of the Fund at the end of the fiscal year shall not revert to the Reserve Fund pursuant to Charter Section 344.
 
SECTION HISTORY
 
Article and Section Added by Ord. No. 182,610, Eff. 8-2-13.