§ 34.092 PARKS AND RECREATION DEPARTMENT SPECIAL NON-REVERTING OPERATING FUND.
   (A)   Creation of Fund. Pursuant to I.C. 36-10-3-22, the town hereby creates and establishes a specific fund to be known as the Parks and Recreation Department Special Non-Reverting Operating Fund, into which all monies and proceeds in the form of program fees and sponsor contributions to the Town Parks and Recreation Department shall be deposited.
   (B)   Purpose of Fund. The primary purpose of the Parks and Recreation Department Special Non-Reverting Operating Fund is to allow for the use of program fees and sponsorship donations to operate park programs and provide for staff incentives as outlined in the Town Parks Department program guide and the Parks Department staff incentive policy.
   (C)   Responsibility for Fund. The Director of the Town Parks and Recreation Department shall be responsible for receiving all funds to be deposited in such account and shall keep records as to the amounts received, the manner of their receipt, any disbursements and a current balance in such fund at all times.
   (D)   Deposit of funds. Upon receipt from the Director of the Town Parks and Recreation Department, the Town Clerk-Treasurer shall immediately deposit all program fees and sponsor donations into the Parks and Recreation Department Special Non-Reverting Operating Fund.
   (E)   Disbursement of funds. The Town Clerk-Treasurer is directed to only disburse funds from the special non-reverting operating fund created hereunder upon receipt of a claim allowed and signed as outlined in the town’s purchasing policy by the Director of the Town Parks and Recreation Department.
   (F)   Limitations on the use of funds. Any funds placed in the special non-reverting operating fund may not be withdrawn except for the purposes for which the Fund was created.
(Ord. 31-2008, passed 12- -2008)