§ 66-173. Establishment and administration of sacramento roadway fund and district roadway accounts.
Latest version.
There is hereby created by the office of the County Auditor-Controller in the County
Treasury a special interest-bearing trust fund entitled the Sacramento Roadway Fund,
comprised of a district roadway account for each fee district established pursuant
to Section 16.87.090 [66-183]. Every roadway fee collected in each fee district pursuant
to this chapter, excepting the administrative cost component, shall be deposited in
the Roadway Fund and in the district roadway account for the fee district where the
parcel responsible for paying the fee is located and shall be held in trust until
disbursed as provided in Section 16.87.120 [66-188]. The Sacramento Roadway Fund shall
be administered by the Director.