(A)   Revenues. The basic classification of the revenues indicating in a general manner the character of the revenue derived, shall be set forth in the books of account of the city and maintained severally for the various funds of the city, under the standard account specified as follows.
      (1)   General corporate purposes.
         (a)   Revenue from tax levy. Taxation: Amount collectable from the statutory tax provided for general corporate purposes.
         (b)   Miscellaneous revenue.
            1.   Interest. All city bank deposits and securities held in other than trust or special funds;
            2.   Licenses. Both provisional and general amounts received from licenses to conduct any business or occupations required to be licensed;
            3.   Inspections. Investigation of conditions required under law;
            4.   Franchise compensations. Compensations for use of city property under ordinance of the City Council;
            5.   Leases and rents. Compensation for use of city property;
            6.   Foreign fire insurance tax. Tax levied on gross premiums received within the city by foreign fire insurance companies;
            7.   Admission fees. At places of business recreation owned or controlled by the city;
            8.   Concession compensations for vending and other revenue. Producing privileges at places of business recreations owned or controlled by the city;
            9.   Sale of products furnished by the city. Sale of products, commodities or services furnished by institutions of the city;
            10.   Sale of old material. Sale of old material, proceeds of the sale of old and used furniture, fixtures, machinery, and other material;
            11.   River boat gaming. Revenue attributable to river boat gaming; and
            12.   Miscellaneous. For all items not classified under the above accounts.
         (c)   Revenue from tributary sources.
            1.   Taxation. Proceeds of taxes levied and expended therefrom specially for the purposes to which the levies are restricted;
            2.   Vehicle tax licenses. Revenue received by vehicle tax fund for expenditures therefrom for the purpose to which it is restricted by statutes; and
            3.   Proceeds of bonds. Proceeds of bonds expended for the purposes stipulated in the bonds.
      (2)   Water and Light Fund.
         (a)   Assessed rates for water use. Use of water based upon assessments levied by ordinance;
         (b)   Meter rates. Use of water based upon quantity used;
         (c)   Permits. Permits for services in the installation of taps;
         (d)   Assessor’s miscellaneous. For special use of water;
         (e)   Advances for laying water mains. From deposits made for same reimbursable when producing a specified revenue;
         (f)   Assessed electric light rates. Use of electricity based upon assessments levied by ordinance;
         (g)   Electric light meter. Use of electricity based upon quantity used; and
         (h)   Assessor’s miscellaneous. For special use of electricity.
      (3)   Library fund.
         (a)   Taxation. Amount collectable from the statutory tax provided for public library;
         (b)   Fines. Imposed by the Library Board; and
         (c)   Miscellaneous.
   (B)   Expenditures. The basic classification of expenditures of the city indicating in a general manner the various claims of services, commodities or benefits received in exchange for the expenditures shall be set forth in the books of account of the city and maintained under the following standard accounts:
      (1)   Salaries and wages. Compensation of employees and officials, whose services are of a fixed character, either continuous or otherwise, which compensation is measured by the time employed and must appear on a pay roll of regular form;
      (2)   Personal services. Compensation for personal services other than those included under salaries and wages designated in division (B)(1) above;
      (3)   Materials and supplies. All materials, supplies, tools, machines, instruments, and apparatus, including their repair;
      (4)   Machinery and vehicles. Purchase of machinery, large equipment, and motor vehicles, including delivery;
      (5)   Repairs by contract or upon order. Compensation for service (including material when furnished) for the repair of city property, excepting the repairs of commodities listed under divisions (B)(3), (7) and (8);
      (6)   Fuel and power. Including fuel, steam, electricity, and lighting;
      (7)   Furniture and fixtures. All completed articles under this designation, including repair of the same, and instead to cover all furniture and office fittings, other than those included in division (B)(8);
      (8)   Printing stationery and office supplies. Including repair of same;
      (9)   Passenger transportation. Transportation of employees and officials of the city, including travel expense;
      (10)   Compensation. Compensation for the services of trucks;
      (11)   Damages. Damages, refunds, and miscellaneous claims;
      (12)   Interest;
      (13)   Rents and taxes. Rents for real estate and buildings, general taxes, and special assessments;
      (14)   Temporarily unclassified items. Expenditures for specific purposes which are required to be further itemized as expended according to standard accounts. Appropriation shall be made to this account only when it is impracticable to estimate in advance the classification under standard accounts and the items shall be classified under the proper standard accounts as expended;
      (15)   Loss and costs in collecting taxes;
      (16)   Liquidation of deferred liabilities;
      (17)   Investment in capital or stock accounts. Amounts appropriated for working funds or petty cash funds; and
      (18)   Construction, betterments and purchase of real estate. Anything that increases the permanent property assets of the city and is not in replacement of some other asset or parts.
(1977 Code, § 3-6-12)