4.55.420 - Distribution of parks allocation.
A. Each fiscal year, the parks allocation shall be deposited in the central fund and then shall be distributed according to the methodology set forth in this section.
B. The city council may appropriate up to fifteen percent (15%) of the parks allocation in the central fund to the general fund for parks maintenance costs or to a reserve account within the general fund established for parks maintenance costs.
C. Following the appropriation, if any, described in Subsection B, above, the city council may appropriate funds for fixed costs within the central fund or to the general fund. The amount appropriated for such fixed costs shall be subject to the annual determination of the city council.
D. The city council may appropriate up to and including, but not more than, thirty-four percent (34%) of the parks allocation remaining after the appropriations, if any, described in Subsections B. and C., above, for park improvements located in any part of the city, for natural open space area intended to be left in a natural state, or for San José Family Camp located in Tuolumne County, California.
E. The city council shall appropriate the parks allocation remaining after the appropriations, if any, described in Subsections B. and C., above, and the appropriation described in Subsection D. above, as follows:
1. Twenty percent (20%) of such funds shall be equally appropriated to each district to meet the district's special needs.
2. Eighty percent (80%) of such funds is to be appropriated to the districts, with the amount appropriated to each district as determined by the city council taking into consideration the following: neighborhood and community serving undeveloped park acres per population of one thousand; neighborhood and community serving developed park acres per population of one thousand; neighborhood and community serving developed park acres in good condition per population of one thousand; and square feet of neighborhood and community serving center space per population of one thousand.
F. Commencing on July 1, 1996, the city council may appropriate up to five percent (5%) of the amount appropriated to each district pursuant to Subsection E., above, for the purpose of parks maintenance costs for the park improvements located in the particular district.
(Ord. 27689.)