933.02 TRANSFER OF MONIES FROM ELECTRICAL FUND.
   The City of St. Marys hereby adopts a policy that funds from the Municipal Electric Fund shall not be transferred to the General Fund solely for the purpose of funding General Fund obligations. It is understood that pursuant to Ohio law, this may only be accomplished by application to the Common Pleas Court. It shall be the policy of the City to not file such an application. This section does not apply to the provision of services to the Electric Department by other City Departments which are billed to the Electric Fund for general administrative services benefitting Electric Department operations.
(Ord. 2015-10. Passed 6-8-15.)