§ 2-154. Self-insurance fund

Latest version.

There is herewith established a self-insurance fund in the minimum sum of two million dollars ($2,000,000.00) in the form of a reservation of general fund reserve balances established by sections 2-205 through 2-207, inclusive, of this Code. This fund shall be used to pay actual losses not covered by other insurance policies or insurance pools and shall be replenished with funds each fiscal year from the general fund operating reserve.

(Ord. No. 96-14, § 1, 12-2-96)

                    
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