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CHAPTER 25 <br />PART VI <br />FINANCE, BUDGETING, AND DEBT <br />CHAPTER 25: FINANCING PUBLIC IMPROVEMENTS <br />1. Financing and planning overview 3 <br />IL Issuing debt 3 <br />A. Bonds 3 <br />B. Certificates of indebtedness 4 <br />III. Property tax related tools 5 <br />A. Local general fund 5 <br />B. Infrastructure replacement reserve fund 5 <br />C. Storm sewer improvement districts 5 <br />D. Urban and rural service districts 7 <br />E. Tax abatement 7 <br />F. Tax increment financing 8 <br />W. Funds for specific purposes 8 <br />A. Waterworks systems 8 <br />B. Recreation facilities 10 <br />C. Street reconstruction 10 <br />D. Capital improvement 11 <br />V. Land use related tools 11 <br />A. Development contracts 11 <br />B. Land and park dedication or fees 11 <br />C. Adequate public facilities 12 <br />VI. Statutory financing tools 12 <br />A. Special assessments 12 <br />B. Special service districts 13 <br />C. Housing improvement areas 14 <br />D. Sidewalk improvement districts 15 <br />E. Economic development authority 15 <br />VII. State funding sources for roads and bridges 15 <br />A. Municipal state aid (MSA) 16 <br />B. State funded local road improvement program 16 <br />C. State highway user taxes 18 <br />D. Transportation revolving loan fund 18 <br />VIII. Federal road and bridge funding sources 19 <br />HANDBOOK FOR MINNESOTA CITIES <br />This chapter last revised 12/1/2012 <br />25:1 <br />