Title 12174 · Code of Ordinances
Sec. 106.347. - Appropriation of Fiscal Year CRA Trust Fund Investment Pool Earnings.
Citation: Jacksonville, FL Code of Ordinances § 106.347.
Section: 106.347.
The Council hereby appropriates all investment pool earnings (the "earnings") earned by each CRA Trust Fund, in accordance with Section 111, Part 6, during a fiscal year. Such earnings earned or accrued shall be appropriated to the applicable CRA Board's Unallocated Plan Authorized Expenditures Category of the Approved CRA Budget and allocated or transferred by the CRA Board as provided in this Subpart without further Council approval. (Ord. 2022-414-E , § 2)