1996 CAFR - Laserfiche WebLink

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n ~_J ~~ ~~ 0 i~ CIS G L ~,~ ~' ~I~ .$pecial Revenue Funds~continuedl Landfill Abatement Fund (continued): FINANCIAL SECTION ~continuedl The fund balance as of December 31, 1996 was $(922), which represents no change from the prior year balance of $(922). 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, 1996 was $0. Minnesota Department of Natural Resources Grant Fund: The Minnesota Department of Natural Resources 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, 1996 was $1,536, compared to $81 on December 31, 1995. 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 $234,832 on December 31, 1996, which represented an increase of $11,410 over the prior year. Peace Officers Fund: The Peace Officers Fund was set up to account for public safety restricted revenues which must be used exclusively for public safety expenditures and other expenditures as specified in conjunction with confiscations and the annual bike road-eo. On December 31, 1996, the fund balance was $42,988, compared to $9,928 on December 31, 1995. Lawful Gambling Fund: The Lawful Gambling Fund was established to account for lawful gambling revenues received and lawful purpose expenditures made by the City as authorized by Minnesota Statutes Chapter 349. 5111