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SPECIAL REVENUE FUNDS <br />' Special Revenue Funds are used to account for the proceeds of specific revenue sources that are legally or <br />otherwise restricted to expenditures for specific purposes. <br />1 The following is a summary ofthe financial activities and fundbalances ofthe City's Special Revenue Funds <br />for 1999 and 1998. <br />' 1999 1998 <br />Total revenues and other financing sources $ 3,322,888 $ 28,738 <br />Total ex enditures and other uses $ 4 069 496 $ 2 097 080 <br />p , <br />' Total fund balances $ 5,013,948 $ 5,760,556 <br />DEBT SERVICE FUNDS <br />Debt Service Funds are used to account for the current year payment of matured principal and interest on <br />long-term general obligation debt. Sources available for payment of the debt service are provided by special <br />assessments, tax increments, general property tax levies and interest earnings on investments. <br />' The following is a summary of the financial activities and fund balances of the City's Debt Service Funds <br />for 1999 and 1998. <br />1999 1998 <br />Total revenues and other financing sources $ 870,1.08 $ 658,356 <br />Total expenditures and other uses $ 685,892 $ 660,298 <br />Total fund balances $ 184,373 $ 157 <br />' CAPITAL PROJECT FUNDS <br />Capital Project Funds are those funds established to account for the financial resources to be used for the <br />acquisition or construction of maj or capital facilities, other than those financed by Enterprise or Trust Funds. <br />The following is a summary of the financial activities and fund balances of the City's Capital Project Funds <br />for 1999 and 1998. <br />1999 1998 <br />Total revenues and other financing sources $ 5,858,051 $ 3,058,928 <br />Total expenditures and other uses $ 4,883,805 $ 3,167,886 <br />Total fund balances $ 4,804,073 $ 3,829,827 <br />' -X1V- <br />