(a) All interest earned on the City's moneys shall be paid into the General Fund, except where a special fund has been established. All interest earned from the moneys in each special fund shall be paid solely into the special fund from which the interest was derived.
(Ord. 83-63. Passed 12-6-83.)
(b) Interest gained from the Waterworks Improvement Note Fund and the encumbered funds from the sewer capacity fees and water capacity fees shall be used to reduce the indebtedness of such funds rather than being placed in the General Fund.
(Ord. 79-20. Passed 4-3-79.)