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NONMAJOR SPECIAL REVENUE FUNDS <br />Nonmajor Special Revenue Funds are used to account for revenue derived from specific revenue sources that are <br />legally restricted or committed to expenditures for specific purposes. <br />Revolving Loan Fund — used to account for loans authorized by the City to prospective private businesses in <br />accordance with Chapter 469 of the Minnesota Statutes. <br />Future Sealcoating Fund — used to account for contributions from developers/owners for sealcoating. The city is <br />no longer collecting contributions from developers/owners as per a change in city policy. <br />Lawful Gambling Fund — used to account for lawful gambling revenues received by the City as authorized by <br />Minnesota State Statutes Chapter 349. <br />Peace Officers Fund — used to account for post -board reimbursement and other restricted revenues which must <br />be used exclusively for in-service training and other expenditures as specified. <br />Developer's Fees Fund — used to account for demand fees that will be used for storm water management. <br />General Govt Special Projects Fund — used to account for resources accumulated and expenditures related to <br />special General Government projects. <br />Economic Development Authority Fund — used to account for revenues and expenditures associated with <br />economic development activities within the City. <br />107 <br />