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There is hereby established a fund known as the general fund (fund 001) as follows:

A. Purpose. This fund is used to account for all receipts and disbursements associated with ordinary City operations that are not required to be accounted for in another fund. This fund is both tax and general revenue supported.

B. Revenue Sources. Tax and general revenue supported. Examples include property taxes, local sales taxes, franchise fees, gambling taxes, liquor taxes, utility taxes, fines and forfeitures, license fees, permits, recreation fees and other revenues that support general government operations. [Ord. 589 § 2, 2014.]