An SMU Enterprise Fund (the “Fund”) account, into which all revenues from SMU utility fees, grants, or other funding sources shall be deposited and from which all expenditures related to the SMU shall be paid, is hereby established.
Accounting and reporting procedures shall be consistent with Florida General Law. Expenditures from the Fund for activities that are not related to the city SMU shall not be permitted, except for a prorated charge for general government services as is in effect for other city utility operations.
(Ord. 97-78, passed 7-22-97)