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financing districts and transfer of funds necessary for the retirement of debt issued <br />in those districts. <br />(b) Funding shall consist of the following sources: <br />(1) Annual increments received from general property taxes through the expiration of <br />each district; and <br />(2) Interest earnings on the Tax Increment Fund from the distribution of pooled <br />interest earnings. <br />(3) Land sales if land purchase was originally financed with Tax Increment funds <br />(c) Expenditures shall consist of the following uses: <br />(1) Transfers to the related debt service funds for principal, interest and fiscal charges <br />on bond issued on projects in the tax increment financing districts until such time <br />as all bonds are retired; and <br />(2) Costs levied by the County for administration of the tax increment financing <br />districts; and <br />(3) Costs associated with tax increment financing projects as detailed in the annual <br />Capital Improvement Program or as approved by the Economic Development <br />Authority and City Council. <br />(d) The above policies shall at all times comply with Minnesota Statutes and any City <br />agreements currently in place or entered into in the future. <br />(e) This fund is eligible for inter -fund loans. <br />2. <br />— (a) liandfill Tipping Fcc Fund.The Landfill Tipp g Fee Fund was used to account <br />for revenues and expendituroo as authorized by ME 1; iox 115A.921 for <br />mitigating and compensating for the local riclo, costs and other adverse effects of <br />landfills. (This fund has been depleted via annual General Fund Budget Use of <br />outstanding balance) <br />— (b) Funding shall consist of the following sources: <br />(1) Grants and ramburoements from efforts to reduce, ruse and recycling solid waste; <br />a <br />(2) Revenues generated from charges at thc-annual clean up day, which is projected to <br />be self supporting; and <br />(3) Revenues from the sale of waste oil and scrap m:tcalc; and <br />(1) Interest earnings on the Landfill Tip xg Fee Fund from the distribution of pooled <br />interest earnings. <br />43) �rpendituroo ohall consist of the following uses: <br />—(1) TRamfers to the Gen al Fuld for costs associated with Environmental Services in <br />the City ix ax mount that does not exceed the amount of interest earnings <br />projected and available in the Landfill Tipp g Fee Fund; and <br />(2) Costs associated with thc-annual clean up day. <br />—(d) 'Mini fund is not eligible for inter fund loans. <br />2. C C-ant F (Fund no longer utilized) <br />Page 2 of 14 <br />