1993 CAFR - Laserfiche WebLink

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Special Revenue Funds (continued) Landfill Abatement Fund: IFRNANCIIAIi_. §F(C7CJI®N (Continued) The Landfill Abatement Fund is used to account for landfill abatement activities and efforts. The funding sources consist mainly of interfund transfers, grants, donations and charges to residents for abatement activities. The fund balance as of December 31, 1993 was $7,149, which represents an increase of $3,566 over the prior year of $3,583. Community Development Block Grant Fund: The Community Development Block Grant Fund is utilized as a pass through fund to account for all revenues and expenditures in conjunction with the County Community Development Block Grant activities. The fund balance as of December 31, 1993 was a deficit of $6,269, which is anticipated to be collected from other governmental units early in 1994 to recoup CDBG project costs. Community Tree Planting Grant Fund: The Community Tree Planting Grant Fund was established to account for all revenues and expenditures associated with the Small Business Administration (SBA) Natural Resources Development Program Community Tree Planting Grant and the Oak Wilt Suppression program. The fund balance as of December 31, 1993 was $10,797, compared to $150 on December 31, 1992. Future Sealcoating Fund: The Future Sealcoating Fund is used to account for contributions from developers and property owners for future sealcoating projects. The fund balance was $253,425 on December 31, 1993, which represented an increase of $48,211 over the prior year. Future Streetlighting Fund: The Future Streetlighting Fund is used to account for contributions from developers and property owners for the future installation of priority intersection street lights. The fund balance as of December 31, 1993 was $16,975, compared to $17,691 the prior year. ix