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Agenda - Council - 10/23/1984
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Agenda - Council - 10/23/1984
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
10/23/1984
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-i <br /> <br />-4- <br /> <br />1 <br />1 <br /> <br />financing of goods or services provided by one <br />department or agency to other departments or agencies <br />of the City, or to other governmental units, on a cost- <br />reimbursement basis. <br /> <br />III. <br /> <br />TRUST AND AGENCY FUNDS <br /> <br />i <br />i <br /> <br />Trust Funds shall be used to account for assets held by the City <br />in a trustee capacity for individuals, private organizations, <br />other governments, and/or other funds. <br /> <br />A. ~:~PENDABLE TRUST FUNDS <br /> <br />Expendable Trust Funds are funds whose principal and <br />income may be expended in the course of designated <br />operations. <br /> <br />! <br />! <br /> <br /> LANDFILL TRUST FUND <br /> <br />The Landfill Turst Fund shall be used to account <br />for all Landfill related revenues, and the <br />.disposition of those revenues to other funds. <br /> <br />The Landfill Trust Fund is eligible for tnterfund <br />loans to and from any other fund. <br /> <br />2. PAR[ IMPROVlgiENT F~ND <br /> <br /> The Park Improvement Fund shall be used to account <br /> for all park dedication fees and miscellaneous <br /> revenue to assist in financing ~ark improvements. <br /> <br /> The Park Improvement Fund is eligible for <br /> interfund loans to and from any other fund. <br /> <br />3. ESCROW FUND <br /> <br />The Escrow Fund shall be used to account for monies <br />held for specific purposes, such as platting <br />deposits for Professional fees, performance bond <br />deposits and any other miscellaneous escrow <br />deposit8. <br /> <br />The Escrow Fund. is not eligible for interfund <br />loams. <br /> <br />1 <br /> <br />EQUIPMENT REVOLVING FUND <br /> <br />The Equipment Revolving Fund shall be used to <br />finance replacement of City equipment and/or <br />vehicles. Annually the General Fund will transfer <br />a contribution to this fund to be held and invested <br /> <br /> <br />
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