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Agenda - Council Work Session - 11/10/2025
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Agenda - Council Work Session - 11/10/2025
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11/12/2025 1:24:56 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
11/10/2025
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(2) <br />(3) <br />purchases as outlined in the ten-year Capital Improvement Plan and the annual <br />General Fund Budget and authorized by majority vote of City Council; and <br />Transfers to the General Fund at year end for deficient General Fund Revenue as <br />outlined in the Excess/Deficient General Fund Revenue Policy (#24-331); and <br />Transfers to the General Fund for unscheduled, unbudgeted, maintenance <br />repair, whereas such cost exceeds $10,000 and Council declares that an <br />emergency situation has occurred. <br />(d) This fund is eligible for inter -fund loans. <br />9. Trott Brook Cemetery. (Fund 9820) <br />(a) The Trott Brook Cemetery Fund will be used to account for perpetual care fees <br />collected on the sale of cemetery plots in Trott Brook Cemetery. <br />10. Capital Maintenance Fund. (Fund 9810) <br />(a) The Capital Maintenance Fund will be used to defray the cost of maintaining <br />park improvements, public facility improvements, or any other capital item that has <br />immediate maintenance needs, but was not budgeted for in the annual General Fund <br />operating budget. <br />(b) Funding shall consist of the following uses: <br />(1) Donations; and <br />(2) Transfers from the General Fund at year-end for excess General Fund <br />Revenue as outlined in the Excess/Deficient General Fund Revenue Policy <br />(#24-331); and <br />(3) (3) Interest Earnings from pooled interest earnings. <br />(c) Expenditures shall consist of the following uses: <br />(1) Non -Annual Operating Improvements not included in the annual adopted <br />General Fund Budget; and <br />(2) Transfers to the General Fund at year end for deficient General Fund Revenue <br />as outlined in the Excess/Deficient General Fund Revenue Policy (#24-331). <br />(d) This fund is eligible for interfund loans. <br />11. Parking Ramp Maintenance Fund. (Fund 9240) <br />(a) The Parking Ramp Maintenance Fund will be used to account for all <br />expenditures that the City incurs to operate, maintain, and repair the parking <br />ramp with costs to be allocated to the affected users. <br />(b) Funding shall consist of the following uses: <br />(1) Allocations of parking maintenance costs as outlined in Parking Use and <br />Maintenance Agreements (PUMAs); and <br />(2) Transfers from the General Fund for city portion of annual parking ramp <br />budget costs; and <br />(3) Interest Earnings from pooled interest earnings. <br />(c) Expenditures shall consist of the following uses: <br />(1) All costs associated with maintaining and repairing the city parking ramp. <br />(d) This fund is eligible for interfund loans. <br />Page 9of12 <br />
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