[82-70, 72; 1249-1.] SECTION  2236 . Custody and Deposit of Municipal Funds . — Except as otherwise provided, all municipal funds shall be kept by the municipal treasurer in the municipal safe or strong box, which it shall be the duty of the municipal council to provide. Upon resolution of the municipal council, approved by the provincial treasurer, the municipal treasurer may make current deposits of municipal funds subject to check in any local bank duly designated as a depositary for Government funds. Money not needed for current use may be deposited, upon the same authority, as a time deposit with the provincial treasurer, the Philippine National Bank, or any other banking institution duly designated as a depositary for Government funds. Resolutions au thorizing such deposits shall clearly set forth the period for which the deposits shall be made, whether with or without interest, and if with interest, the rate thereof. [82-21 ( e ); 1482-2 ( d ); 1611-1.] SECTION  2237 . Municipal General Fund. —  All moneys in a municipal treasury which are not lawfully dedicated, reserved, or appropriated to some particular use shall constitute the general fund, and be available for use or expenditure for municipal purposes  according to law. SECTION  2238 . Municipal School Fund. —  There shall be maintained in the treasury of every municipality a special fund to be known as the school fund, into which shall be paid all moneys accruing thereto by law or by appropriation from the municipal general  fund. Said fund shall be available exclusively for the maintenance of free public schools, including the construction, purchase, repair, and equipment of school buildings, the purchase of land therefor, the payment of teachers and incidental expenses, and other lawful school purposes of the municipality. CSAaDE SECTION  2239 . Appropriations for Exhibition Purposes. —  A municipal council shall have power to appropriate money to be placed to the credit of the provincial exhibition fund, to aid the province in conducting exhibitions of its products and industries. It  shall also have the power, with the approval of the Governor-General first had, to appropriate such amounts as may be necessary to defray the expenses of local fairs and to enable the municipality to take part in the fairs conducted by other provinces in  the Philippine Islands. 657 Copyright 2012 CD Technologies Asia, Inc. and Accesslaw, Inc. Philippine Law Encyclopedia 2011