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Agenda - Council Work Session - 05/25/2021
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Agenda - Council Work Session - 05/25/2021
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3/14/2025 3:00:05 PM
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5/24/2021 4:22:55 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
05/25/2021
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CC Work Session 2. 1. <br />Meeting Date: 05/25/2021 <br />Information <br />Title: <br />Review of Fund Balances as of May 19, 2021 <br />Purpose/Background: <br />The city has six different fund categories, which are as follows: <br />• General Fund <br />• Special Revenue Funds <br />• Debt Service Funds <br />• Capital Project Funds <br />• Enterprise Funds <br />• Internal Service Fund <br />Included in these six categories, the city has a total of 45 funds that are currently being utilized. <br />Attached is a listing of these current funds with their respective fund and cash balances as of May 19, 2019. It is <br />noted whether these funds have restricted uses, such as debt service funds, tax increment, etc.. Please note that fund <br />balances are not the same as cash balances. <br />Timeframe: <br />20 minutes <br />Funding Source: <br />Responsible Party(ies): <br />Finance Director <br />Outcome: <br />Overview of the city's fund balances. <br />Fund Balance Summary <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Kurt Ulrich 05/20/2021 02:30 PM <br />Form Started By: Diana Lund Started On: 05/19/2021 11:23 AM <br />Final Approval Date: 05/20/2021 <br />
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