There is created a personnel benefits and contingency fund to provide moneys to city funds and departments for supplemental appropriation of those personnel expenses which are generally nonrecurring and which are not included in departmental budgets. Examples of these expenses include death benefits, unemployment benefits and unfunded termination costs.

This fund will also be available to provide moneys with which to meet municipal expenses, the necessity or extent which could not have been foreseen, or from which to provide moneys for those emergencies described in RCW 35.33.081 and 35.33.091.