50910. At the time of each annual tax levy, the legislative body of the local agency shall direct that from the funds of the local agency an amount equal to 2 percent of the salaries paid to the policemen during the preceding year be paid into the police relief and pension fund, and an amount […]
50911. At the time of each annual tax levy, the legislative body shall direct the payment into the police relief and pension fund of the following amounts: (a) Not less than 5 nor more than 10 percent of all money received from licenses for the keeping of places where spirituous, malt, or other intoxicating liquors are […]
50912. At the time of each annual tax levy, the legislative body shall direct the payment into the firemen’s relief and pension fund of the following amounts: (a) All rewards paid to members of the fire department. (b) All fines paid by members of the fire department for violations of the regulations of the department. (c) One-half of […]
50913. On June 30th of each year, or as soon thereafter as practicable, the auditor of the local agency shall make a report to the legislative body stating: (a) The amount of money disbursed on account of the fund during the previous year. (b) The amount to the credit of the fund. (Added by Stats. 1949, Ch. […]
50914. If the amount in the fund exceeds the amount required for disbursal, the excess shall be transferred to the general fund of the local agency and no longer under the control of the board. The amount required for disbursement is deemed the average amount per year disbursed during the next preceding three years. (Added […]
