Southaven Code of Ordinances tit. I, ch. 5, art. I — GENERALLY | Code of Ordinances, City of Southaven, Mississippi (Supp. No. 70: codified through Resolution of June 2, 2026) — City of Southaven

Southaven Code of Ordinances § 1-176 Municipal reserve fund.

Sec. 1-176. - Municipal reserve fund. That the municipality establish a special fund to be known as a municipal reserve fund. Funds specifically designated by the governing parties of the municipality for deposit in the municipality's reserve fund shall be deposited in a separate municipal account established for this purpose. The interest earned in the municipality's reserve fund shall be credited to the municipality's reserve fund. Legal expenditures shall be made from the fund upon the requisition of the governing authorities of the municipality, spread on the minutes and signed by the mayor and approved by the board of aldermen. The municipality may deposit funds as needed into its reserve fund. (Ord. No. 89, § 1, 11-2-99)

Southaven Code of Ordinances § 1-177 Tourism fund.

Sec. 1-177. - Tourism fund. (a) Monies collected by the city pursuant to Chapter 933 House Bill 1618 (1993 Regular Session) ("Legislation") shall be allocated to the City of Southaven ("city") Tourism Fund and not the General Fund. (b) The monies collected pursuant to the legislation shall be dedicated solely for the purpose of carrying out programs and activities which are designated by the governing authorities of the city and which are designed to attract conventions and tourists into the city. (c) Before the expenditures of the monies collected under the legislation, a budget reflecting the anticipated receipts and expenditures for purposes such as promotion, advertising and operation, shall be approved by the governing authorities of the city. The budget shall be on the same fiscal basis as the budget of the city. (d) Tourism funds shall be authorized and appropriated by the mayor or member of the governing authority in accordance with the legislation and shall be used for promoting and encouraging progress and growth for the city and for favorable advertising and publicity. (e) In the event that the mayor and/or member of the board of aldermen shall seek reimbursement from the tourism fund, the individual shall be reimbursed from the city tourism fund, upon the presentation to the city clerk of an original detailed receipt indicating the total amount expended for purposes in compliance with the legislation, along with a detailed explanation of the purpose(s) of the expenditure and approval by the city board of aldermen. Any expenditure of tourism funds not approved by the city board of aldermen shall be the liability of the individual making the expenditure. (f) Tourism funds may be budgeted for and expended for tourism related programs and events, such as but not limited to, Southaven Springfest, Dizzy Dean Baseball Tournaments and other pre-approved events as budgeted by the governing authority. (g) Only the mayor of the city or members of the city's board of aldermen shall be eligible to be reimbursed from the city tourism fund. (Ord. of 6-19-12)