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The Capital Project Funds are used to account for financial resources to <br />be used for the acquisition or construction of major capital facilities. <br />State-Aid Construction Fund <br />This fund is used to account for State-aid allotments used by the City <br />for improvement projects to thoroughfare roads within the City. <br />public Works Fund <br />This fund is used to account for resources to be used for acquisition of <br />land and construction of a public works facility and storage area. <br />Tax Tn r_m n +nd <br />These funds are used to account for proceeds of bond issues to be used <br />for site improvements and for improvement projects to be financed by <br />future bond sales supported by property taxes in the form of tax <br />increments. <br />Bea oa ~ ng Revolvi ncr end <br />This fund is used to account for sealcoating improvement projects <br />financed by special assessments. <br />Imnrovemen R vo v~ng end <br />This fund is used to account for improvement projects to be financed by <br />future bond sales supported by special assessments. <br />Missi ssipp? Drainage Di a ; and <br />This fund is used to account for storm sewer drainage. projects within <br />the special District established in accordance with Minnesota Statutes <br />Section 444.20. <br />Park Imnrov m n R vo~vinQ end <br />This fund is used to account for the acquisition and improvement of park <br />land within the City. <br />Ru_m River Drainage District Fund <br />This fund is used to account for storm sewer drainage projects within <br />the special District established in accordance with Minnesota Statutes <br />Section 444.20. <br />~~'-~ <br />~"~~ €~ <br />~~ <br />~~"~ <br />