Laserfiche WebLink
NONMAJOR CAPITAL PROJECTS FUNDS <br /> Nonmaj or Capital Projects Funds are used to account for financial resources to be used for the acquisition or <br /> construction of major capital facilities. <br /> Public Improvement Revolving Fund—used to account for the resources to be used to finance the City's share <br /> of the annual street maintenance program. <br /> Revolving Acquisition Loan Fund (RALF) Funded Projects Fund — This fund is used to account for <br /> resources and expenditures related to the purchase of property for future state road development. <br /> Trott Brook Cemetery Perpetual Care Fund—used to account for perpetual care fees collected on the sale of <br /> cemetery plots in Trott Brook Cemetery. <br /> Park Improvement Fund—used to account for all park dedication fees to be used for land acquisition and park <br /> development. <br /> Parking Ramp Maintenance Fund — used to account for all expenditures that the City incurs to operate, <br /> maintain, and repair the parking ramp with costs to be allocated to the affected users. <br /> Riverdale Drive Street Improvement Fund — used to account for the resources used to finance the <br /> construction of Riverdale Drive. <br /> Landfill Fund — Used to account for certain landfill-related revenue, the expenditures the City may incur in <br /> relation to the landfill, and any other expenditures for improvements providing a benefit to the entire city. The <br /> fund does not present a potential liability for landfill closure and post closure care costs as defined by GASB <br /> Statement No. 18 as the landfill is not owned by the City. <br /> Equipment Revolving Fund — used to account for resources to finance the replacement of city equipment, <br /> vehicles, and/or building facilities. <br /> Public Facilities Construction Fund—used to account for the resources to be used for land acquisition and the <br /> construction of public utilities. <br /> 129 <br />