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NOTE 3 – INTERFUND RECEIVABLES, PAYABLES, AND TRANSFERS (CONTINUED)
<br />B. Advances To and From Other Funds
<br />Individual interfund advances to and from other funds at year-end were as follows:
<br />Receivable Fund Payable Fund Amount Purpose
<br />Major Capital Project Fund; LandfillGeneral Fund$ Internally finance facility loan56,557
<br />Major Proprietary Fund; Sewer UtilityGeneral Fund Internally finance facility loan794,762
<br />Major Proprietary Fund; Water UtilityMajor Special Revenue Fund; HRA2,187,424 Internally finance development land
<br />purchase
<br />Major Proprietary Fund; Sewer UtilityMajor Special Revenue Fund; HRA2,187,424 Internally finance development land
<br />purchase
<br />Major Proprietary Fund; Water UtilityNonmajor Capital Project Fund; Internally finance facility loan547,310
<br />Public Facilities Construction Fund
<br />$5,773,477
<br />C. Interfund Transfers
<br />Transfers In
<br />Public
<br />Public Improvement
<br />ImprovementEquipmentRevolving
<br />RevolvingRevolvingThe CORNonmajor
<br />Capital Capital CapitalGovernmental
<br />Transfers OutGeneral FundProject FundProject FundProject FundFundsTotal
<br />General Fund–$ 274,760$ 241,676$ –$ 170,464$ 686,900
<br />Tax Increment Special Revenue Fund275,000 – – – 312,000 587,000
<br />Housing and Redevelopment Authority
<br />Special Revenue Fund– – – 220,419 – 220,419
<br />Public Improvement Revolving
<br />Capital Projects Fund25,000 – – – – 25,000
<br />Landfill Capital Project Fund– – – – 5,300 5,300
<br />Equipment Revolving Capital Project Fund452,398 – – – – 452,398
<br />Nonmajor Governmental Funds128,726 – – – 104,296 233,022
<br />Water Utility Proprietary Fund37,000 – – – – 37,000
<br />Sewer Utility Proprietary Fund31,000 – – – – 31,000
<br />Street Light Utility Proprietary Fund16,000 – – – – 16,000
<br />
<br />Recycling Utility Proprietary Fund9,500 – – – – 9,500
<br />Storm Water Utility Proprietary Fund26,000 – – – – 26,000
<br />$ 274,7601,000,624$ 241,676$ 220,419$ 592,060$ 2,329,539$
<br />Transfers are used to move revenues from the funds in which they are collected to the funds where they are
<br />to be spent in accordance with statutory, budgetary or contractual requirements. Transfers are made in
<br />accordance with the budget or as approved by the City Council.
<br />Page 74
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