A. On the first (1st) business day of July following the close of the preceding fiscal year, fees collected for ambulance services for the preceding fiscal year will be transferred to the fire department fleet replacement fund. Subsequent closing and audit adjustments to the fire department fleet replacement fund of the preceding fiscal year will be made to the fund as necessary.

B. Transfers to the fire department fleet replacement fund will be made as follows: during each fiscal year, an amount equivalent to fifty (50) percent of the prior year ambulance fees collected. [Ord. 17-26 § 2.]