§ 2.34.090. Self-insurance funds—Receipts—Disbursements.

Latest version.

The director of finance shall deposit all moneys appropriated by the assembly, and other receipts from the following sources in the self-insurance fund;
A.

Recoveries of loss or claim payments, physical property salvage value recoveries and legal expenses made within the limits of the deductibles, self-insured retention and uninsured program.

B.

Return premiums, audit premiums, interest and other returns upon investments of the fund.

C.

No monies shall be dispersed from the self-insurance fund except for the purposes described in Section 2.34.050.

(Ord. No. 89-9, § 1, 1989)

                    
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