Council hereby authorizes and directs the Treasurer of the Municipality, for the year 1997 and hereafter unless otherwise directed and subject to the exceptions set forth below and as otherwise provided by law, to credit all interest and/or revenue derived from and/or earned on investments and deposits of the Municipality to the General Fund.
Exception 1. Any and all interest and/or revenue derived from and/or earned on investments and deposits of the Municipality from funds that contain borrowed moneys shall be paid into the fund to which the principal belongs.
Exception 2. Any and all interest and/or revenue derived from and/or earned on investments and deposits of the Municipality from any funds authorized by vote and/or created by legislation for a particular purpose and/or for which a particular purpose is prescribed by law, shall be paid into the fund to which the principal belongs.
(Ord. 1977-66. Passed 10-8-97.)