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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 />Subdivision 2. Proprietary Funds <br />a. Enterprise Funds. Enterprise Funds shall be used to account for operations: <br />1. That are financed and operated in a manner similar to private business enterprises <br />where the intent of the Council is that the costs (expenses, including depreciation) <br />of providing goods or services to the general public on a continuing basis be <br />financed or recovered primarily through user charges; or <br />Ordinance #25-12 <br />Page 10 of 13 <br />