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(A) An account is established for the deposit of monies for a Madison Municipal Airport (MMA) Events Fund. The monies for this fund will come from donations, fundraisers, concessions, sponsor fees, appropriations from city accounts, grants or any other lawful source.
(B) The account shall be named the Madison Municipal Airport (MMA) Events Fund. All funds contained in the account shall be expended only for expenses incurred for special events conducted under the authority of the Madison Aviation Board, for donations to worthy charitable organizations, matching funds for grants and other related expenses for the continued success of these events.
(C) The express and written approval of the Board of Public Works and Safety shall be obtained prior to the expenditure of funds from the account.
(D) The account shall be nonreverting and exist perpetually unless terminated by a subsequent ordinance enacted by the Common Council.
(E) If the account is terminated by a subsequent ordinance by the Common Council, the remaining balance of the terminated account shall revert to the general budget of the Madison Municipal Airport.
(Ord. 2016-1, passed 2-16-16)
(A) An account is established for the deposit of monies for the Lide White Boys and Girls Club Project.
(1) This account shall be named the Lide White Boys and Girls Club Fund and all funds contained in said account shall be expended only for the limited and exclusive purpose of Lide White Boys and Girls Club.
(2) The express and written approval of the Board of Public Works and Safety of the city shall be obtained prior to the expenditure of funds from said account.
(B) This account shall be nonreverting and exist perpetually unless terminated by a subsequent ordinance enacted by the Common Council. If this account is terminated by a subsequent ordinance enacted by the Common Council, the remaining balance of the terminated account shall revert to the general budget of the Common Council.
(Ord. 2001-3, passed 3-7-01)
(A) An account is established for the purpose of depositing monies from donations, grants, appropriations from city accounts or from any lawful source for paying the required obligations for the City of Madison Public Arts Commission.
(B) The account shall be named the Public Arts Commission Non-reverting Fund and all funds contained in the account shall be expended only for the exclusive purpose of paying expenses related to marketing, grant matches, public art installations, beautification of public areas, travel, and special projects for the promotion and recruitment of public arts.
(C) The express and written approval of the Madison Public Arts Commission shall be obtained prior to the expenditure of funds from the account.
(D) The account shall be non-reverting and exist perpetually unless terminated by a subsequent ordinance enacted by the Common Council.
(E) If the account is terminated by a subsequent ordinance enacted by the Common Council, the remaining balance of the terminated account shall revert to the general budget of the Common Council.
(Ord. 2023-6, passed 5-3-23)
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A) An account is established for the transfer of monies from the municipally owned Water Utility Operating Fund.
(1) Said account shall be named the Cash Reserve Fund and shall be carried on the records of the water utility. All funds contained in said account shall be surplus earnings transferred from the municipally owned Water Utility Operating Fund.
(2) The express and written approval of the Board of Public Works and Safety of the city shall be obtained prior to the transfer of funds from said account to the General Fund.
(B) This account shall be nonreverting and exist perpetually unless terminated by a subsequent ordinance enacted by the Common Council. If this account is terminated by a subsequent ordinance enacted by the Common Council, the remaining balance of the terminated account shall revert to the general budget of the Common Council.
(Ord. 2001-17, passed 10-16-01; Am. Ord 2002-4, passed 4-16-02)
(A) There is established a Rainy Day Fund to receive transfers of unused and unencumbered funds raised by a general or special tax levy on taxable property within the city whenever the purpose of such tax levy has been fulfilled and an unused and unencumbered balance remains. The sources of funding for the Rainy Day Fund shall be: General Fund, including Mayor, Clerk-Treasurer, Board of Public Works, Common Council, Department of Law, Police, Plan Commission, Special Projects, and Fire Department; and the Police Pension, Aviation, Parks, Motor Vehicle Highway, Local Road and Street, Cum Cap Improvement, Cum Cap Development and Police Continuing Education funds.
(B) The funds on deposit in the Rainy Day Fund may be used for the operation of the city and its various departments, when the city does not have sufficient levies or funds to pay such costs, including, but not limited to, salaries and wages, costs of services, supplies, equipment, capital improvements, repairs and similar expenditures.
(C) On or before December 31 of each year, the Common Council shall determine the amount, if any, of any unused and unencumbered funds available to be transferred to the Rainy Day Fund, which transfer may not exceed 10% of the city's total budget for that fiscal year.
(D) The Common Council may authorize the expenditure of funds from the Rainy Day Fund by appropriations made in the same manner as other funds are appropriated that receive tax monies, upon making a finding that the proposed use of the funds is consistent with the intent of the fund.
(Ord. 2003-18, passed 12-16-03)
(A) An account is established for the deposit of monies for the Ohio River Scenic Byway Project.
(B) Said account shall be named the Scenic Byway fund and all funds contained in said account shall be expended only for the limited and exclusive purpose of The Ohio River Scenic Byway Project.
(C) The express and written approval of the Board of Public Works and Safety shall be obtained prior to the expenditure of funds from said account.
(D) Said account shall be nonreverting and exist perpetually unless terminated by a subsequent ordinance enacted by the Common Council.
(E) If said account is terminated by a subsequent ordinance enacted by the Common Council, the remaining balance of the terminated account shall revert to the general budget of the Common Council.
(Ord. 2004-26, passed 1-4-05)
There is hereby created in the city the Abandoned Vehicle Fund, pursuant to IC 9-22-1-30. The Abandoned Vehicle Fund shall be a revolving fund, and all monies paid to the city for the cost of removal, storage and disposal of abandoned vehicles or parts shall be placed in the Fund. The Fund shall also have added to it such monies as may be appropriated by the Council and monies shall not revert, but shall remain in the Abandoned Vehicle Fund. The costs for removal, storage and disposal of any abandoned vehicle or parts not claimed by the person who owns or holds a lien on the vehicle shall be paid from the Abandoned Vehicle Fund.
(Ord. 2004-10, passed 7-20-04)
(A) An account is established for the deposit of monies for the Farmers Market Grant Fund. The monies for this fund will come from a Rural Development Grant.
(B) The account shall be named the Farmers Market Grant Fund and all funds contained in said account shall be expended only for the limited and exclusive purpose of the Farmers Market.
(C) The express and written approval of the Board of Public Works and Safety of the city shall be obtained prior to the expenditure of funds from the account.
(D) The account shall be nonreverting and exist until grant monies have been expended and the fund has been audited by the State Board of Accounts.
(E) If the account is terminated by a subsequent ordinance enacted by the Common Council, the remaining balance of the terminated account shall revert to the general budget of the Common Council.
(Ord. 2005-19, passed 12-6-05)
(A) An account is established for the deposit of monies for the Public Safety Local Income Tax Fund. The funds will come from the Jefferson County Auditor monthly or as established by the State of Indiana.
(B) The account shall be named the Public Safety Local Income Tax Fund and all monies contained in said account shall be expended only for the purposes and uses as authorized by IC 6-3.6-6-8 and IC 6-3.6-2-14 and as appropriated by the Common Council.
(C) The express and written approval of the Board of Public Works and Safety of the city shall be obtained prior to the expenditure of funds from the account.
(D) The account shall be nonreverting and exist perpetually unless terminated by a subsequent ordinance enacted by the Common Council.
(E) If the account is terminated by a subsequent ordinance enacted by the Common Council, the remaining balance of the terminated account shall revert to the general budget of the Common Council.
(Ord. 2020-3, passed 3-17-2020)
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