Division of Senior Citizens Auxiliary Service and

Development Fund.

(a)For the purpose of securing, insofar as possible, selfsupporting activities of some programs of the division, there is hereby established a fund to be known as the "Division of Senior Citizens Auxiliary Service and Development Fund" which shall be maintained in connection therewith.

(b)All monies received by the division from its auxiliary services, donations and gifts shall be deposited in said Division of Senior Citizens Auxiliary Service and Development Fund. All debts, liabilities and obligations of any such services shall be paid from said fund. The Administrator of the division shall render monthly to the Council a statement reflecting the correct and up-to-date financial condition of said fund.