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• CHAPTER 24 <br /> RECREATION ACTIVITY FUND <br /> 24.01 ESTABLISHMENT. <br /> There is hereby established and created a fund <br /> designated as the "Recreation Activity Fund", hereinafter <br /> referred to as the "Fund" . <br /> 24 .02 PURPOSE. <br /> There shall be deposited in said fund all cash fees <br /> charged by the City for recreation activities authorized by the <br /> City, and supervised by the Director of Parks, Recreation and <br /> Forestry or such other designee as authorized by the Council. <br /> 24. 03 USE OF FUND. <br /> Such funds shall be used for the direct operating <br /> expense of City authorized recreation activities. These expenses <br /> shall include but shall not be limited to, compensation of <br /> instructors, rents or the purchase of equipment or supplies for <br /> recreational activities. <br /> • 24.04 EXPENSES. <br /> All expenses from the Fund shall be approved by the <br /> Council. The Director of Parks, Recreation and Forestry may <br /> recommend expenses for approval. <br /> 24. 05 ACCOUNTING. <br /> The Dircctor of Parks, Rccrcation and Fore3try The <br /> Finance Director/Treasurer shall be responsible for and shall <br /> prepare an annual accounting of said fund. This shall include <br /> all revenues, expenses and balances at the end of each calendar <br /> year. All funds received shall be deposited with the City <br /> Treasurer as provided for in Chapter 5. 01. The Director of <br /> Parks, Recreation and Forestry shall prepare an annual report <br /> outlining the recreation activities offered in a given calendar <br /> year. <br /> 24. 06 TRANSFER OF FUNDS. <br /> The Council may transfer funds into the Recreation <br /> Activity Fund from any source, but there shall be no transfer of <br /> funds from the Recreation Activity Fund except for the purposes <br /> enumerated in Chapter 24. 03 (213) . <br /> • <br />