Section 32127 Of Article 2. Powers From California Health And Safety Code >> Division 23. >> Chapter 2. >> Article 2.
32127
. The hospital district shall establish its own treasury and
shall appoint a treasurer charged with the safekeeping and disbursal
of the funds in the treasury of the district. The board of directors
shall fix the amount of the bond to be given by such treasurer and
shall provide for the payment of the premium therefor out of the
maintenance and operation fund.
All moneys derived from that portion, if any, of the annual tax or
assessment levied for capital outlay purposes shall be placed in the
capital outlay fund. Any moneys derived from a special tax or
assessment levied under Article 3 of Chapter 3 hereof shall be placed
in a special assessment fund and shall be used exclusively for the
purposes for which such special tax or assessment was voted.
All moneys derived from the regular annual tax or assessment
provided in Article 1, Chapter 3 hereof, except any part thereof
levied for capital outlay purposes, shall be placed in the
maintenance and operation fund. All receipts and revenues of any kind
from the operation of the hospital shall be paid daily into the
treasury of said district and placed in the maintenance and operation
fund. Moneys in the maintenance and operation fund may be expended
for any of the purposes of the district; provided, however, that no
such moneys may be expended for new construction of additional
patient bed capacity other than as authorized by Section 32221
hereof. Whenever it appears that the sum in the bond interest and
sinking fund will be insufficient to pay the interest or principal of
bonds next coming due and payable therefrom, a sum sufficient to pay
such principal and interest shall be transferred by the board of
directors from the maintenance and operation fund to said bond
interest and sinking fund.
Except as to principal and interest of bonds, moneys in the
treasury of the district shall be paid out by the treasurer, or such
other officer or officers of the district, including the
administrator, as may be authorized by the board. The treasurer shall
keep such order as his voucher and shall keep accounts of all
receipts into the district treasury and all disbursements therefrom.
Where bonds of the district are payable at the office of the
district, all receipts from taxes levied to pay the principal and
interest of such bonds shall be paid into the treasury of the
district, and the treasurer of the district shall pay therefrom the
principal and interest of such bonds.
Where bonds of the district are payable at the office of the
county treasurer of the organizing county, at the option of the
holder, or otherwise, all receipts from taxes levied to pay principal
and interest of such bonds shall be paid into the treasury of the
organizing county and shall be placed by the county treasurer in the
bond interest and sinking fund of the district, and he shall pay the
principal and interest of such bonds therefrom and shall keep an
account of all moneys received into and paid out of said fund.
Any moneys in the treasury of the district and any moneys of the
district in the bond interest and sinking fund of the district in the
treasury of the organizing county may be deposited in accordance
with the provisions of the general laws of the State of California
governing the deposit of public moneys of cities or counties in such
bank or banks in the State of California as may be authorized to
receive deposits of public funds, in the same manner and upon the
same security as public moneys of cities and counties are deposited
in such banks, and with like force and effect. The board of directors
of the district are authorized to create a revolving fund which fund
shall not exceed the sum of 10 percent of the estimated annual
expenditures of the district at any one time and which shall be used
for the purpose of paying the interim expenses of the operation of
any hospital within the district without the necessity of a written
order signed by the president and countersigned by the secretary as
provided herein. The treasurer is authorized to deposit said fund in
such bank or banks in the county as may be authorized to receive
deposits of public funds in the same manner and upon the same
security as public moneys of cities and counties are deposited in
such banks and with like force and effect, and shall be subject to
withdrawal upon the signature of the treasurer, or such other
official of the district as may be authorized by the board of
directors, for the use and purpose provided for herein.