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Reportin~~Use of Community Empowerment Funds: <br />At the next City Council meeting following issuance of Community Empowerment Funds, the <br />respective City Councilmember or the Mayor will report out to whom the funds were issued and <br />the purpose for which the funds will be used. On asemi-annual basis, staff will provide the City <br />Council with a report on how the funds in each account have been spent. <br />At the end of each Fiscal Year unused Community Empowerment Funds in each account will be <br />zeroed out and new funds will be allocated each July 1. Unused funds may not be carried over to <br />a subsequent Fiscal Year. <br />