§ 111.880. Jax Kids Book Club Education Special Revenue Fund.
Latest version.
There is created within the General Trust and Agency Fund a special revenue fund account
to be known as the
Jax Kids Book Club Education Special Revenue Fund
(the "Fund") into which shall be deposited all gifts, donations, contributions, and
gifts of a monetary value made for the purpose of supporting the Jax Kids Book Club
to be used to pay vendors for writing, illustrating, designing, editing, printing,
and distributing books to children in the Jax Kids Book Club, and promoting the book
club through the development of brochures and flyers, website production, and family
literary activities. All sums placed into the Fund, which shall include all interest
earned or accrued thereon, shall be accounted for in a separate self-appropriating
account and shall not lapse at the close of any fiscal year but instead shall carry
over to the next fiscal year. The CEO of the Kids Hope Alliance (the "Board"), or
his or her designee, under the direction of the Board of Directors of the Board, is
authorized and directed to solicit sponsorships and funds for contribution to the
Fund. The City of Jacksonville Director of Finance and Administration is authorized
and directed to make disbursements of principal and interest from the Fund upon the
written request of the CEO of the Board, or designee, subject to the availability
of funds in the Fund. Nothing in this section shall prohibit or otherwise limit any
appropriations which may be made by the Council to the Board for use toward attaining
its purposes, functions, and goals. Notwithstanding the foregoing, no City funds shall
be appropriated to the Fund without prior approval by the City Council.
(Ord.
2016-199-E
, § 1; Ord.
2017-563-E
, § 11)
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