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(a) Establishment of Fund. The Residential Rent Stabilization and Arbitration Fund is established as a category six fund to receive all monies payable to the Tax Collector pursuant to Chapter 37A of the San Francisco Administrative Code for the purpose of financing the Residential Rent Stabilization and Arbitration Board and related administrative costs pursuant to Section 10.194 of this code including, but not limited to, the Tax Collector and Controller. Into this fund shall also be deposited all fees for hiring estimators as provided in Section 37.7(e) of this Code.
(b) Use of Fund. The monies in this fund may only be expended for the funding of the Residential Rent Stabilization and Arbitration Board and for attendant administrative costs pursuant to Section 10.194 of this Code including, but not limited to, the Tax Collector and Controller.
(c) Exceptions to Fund Category. While appropriation of monies in the fund are otherwise subject to the budgetary and fiscal provisions of the Charter, the Controller shall have the authority to increase the appropriation based upon revenues deposited into this fund for the purpose of paying estimators as provided in Sections 37.7(d) and (e) of this Code.
(Added by Ord. 316-00, File No. 001911, App. 12/28/2000)