Los Angeles County |
Code of Ordinances |
Title 4. REVENUE AND FINANCE |
Chapter 4.16. ACCUMULATIVE CAPITAL OUTLAY FUNDS |
§ 4.16.050. Proposed expenditures—For restoration of damage by calamity.
Latest version.
All proposed expenditures for the second purpose set forth in Section 4.16.020 of this chapter shall be budgeted for current expenditures but shall be expended only upon the happening of a fire, flood, earthquake or other calamity and, if not expended in the current year, shall be carried forward for the same purpose in succeeding budgets.
(Ord. 4927 § 5, 1947.)