# § 12-2 Creation of Fund; funding.

Current through 2026-07-17. Source: City of Balt., Md., Ord. 26-129. Published by the Baltimore City Department of Legislative Reference.

## § 12-2 Creation of Fund; funding.

Balt., Md., Code art. 5, § 12-2 (2026)

(a) There is created a Self-Insurance Fund.

(b)

  (1) The initial funding shall be such amounts as may be provided:

    (i) by the Fiscal Year 1987 Ordinance of Estimates;

    (ii) such supplementary appropriation ordinance(s) that may be enacted for this purpose; and

    (iii) from transfer of existing insurance reserves.

  (2) In succeeding years the Fund shall be replenished or augmented as may be required.

  (3) The Fund shall not exceed $27,000,000.

*History: Ord. 86-750*