January 18, 2022 20:15 Updated Follow Yes, if this is an allowable cost for the Rainy Day fund per ordinance. Related articles Rainy Day fund: Is appropriation needed? State/ Federal reimbursement grants: Do we need an appropriation? (Ex. Homeland Security) Is it possible to loan money from one fund to another? How many years of creditable service must I have in order for my spouse or child to receive a survivor benefit from PERF?