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gj Additional revenue deposited in the maintenance fund may consist of grants and <br />private contributions intended for the purpose of this section, proceeds from the <br />sale of general obligation bonds authorized and issued for the purpose of this <br />section, council appropriations for the purpose of this section, and any other <br />source of revenue. <br />Accounting for the maintenance fund; interest bearing accounts; reporting by the <br />department of finance. <br />(1) All moneys in the maintenance fund shall be deposited in interest bearing <br />accounts until needed. Any interest shall accrue to the maintenance fund. <br />(2) Moneys in the maintenance fund shall be identified separately for: <br />cA,) Funding received from the real property tax revenue including interest and <br />penalties; and <br />of Funding received from grants and private contributions, and any other <br />source of revenue, and its interest earned, which: <br />i. Shall be itemized and earmarked for specific projects for the lands <br />or easements. <br />ii. Shall not be subjected to the maximum accrual of funds limit <br />provided in subsection (f). <br />) Financial statements shall be posted each month on the public access, open space, <br />and natural resources preservation fund web site. <br />tf Maximum accrual limit in maintenance fund; exemption to funding. <br />a) Only moneys derived from real property tax revenue, its interest, and its penalties <br />shall be included in the computation of the maximum accrual limit for the <br />maintenance fund. All other moneys specifically directed to the maintenance <br />fund shall be held separately from those moneys in the maintenance fund that <br />originated from real property tax revenues (including interest and penalties), and <br />shall not be subjected to the maximum accrual limit. <br />W The maximum accrual limit shall not exceed $3,000,000. <br />a) At the end of any fiscal year in which the maintenance fund holds unencumbered <br />funds derived from real property tax revenue (including interest and penalties) of <br />at least $3,000,000, any unencumbered amount in excess of that $3,000,000 shall <br />be permanently transferred to the general fund balance. <br />Exemption to funding. If the maintenance fund holds $3,000,000 in <br />unencumbered funds derived from real property tax revenue (including interest <br />and penalties), then the council and the executive branch do not need to add more <br />money to the maintenance fund until the next budget cycle. This exemption shall <br />not release the administration from its mandatory duty to maintain and preserve <br />lands and easements acquired by the public access, open space, and natural <br />resources preservation fund in good repair for public safety each fiscal year. <br />(g) The maintenance fund shall be used solely for public safety maintenance and preservation <br />of those lands and easements acquired by the public access, open space, and natural <br />resources preservation fund, and may be used only for expenditures directly related to its <br />purpose. Expenditures by the administration or stewardship grants presumed to be <br />directly related are as follows: <br />(1) Reparation (fixing, mending, repair work, and servicing); <br />2 <br />