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The Capital Project Funds are used to account for financial resources to be used for the <br />acquisition or construction of major capita! facilities. <br />State-Aid Construction Fund <br />This fund is used to account for State-aid allotments used by the City for improvement <br />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 land and <br />construction of a public works facility and storage area. <br />Tax Increment Funds <br />These funds are used to account for proceeds of bond issues to be used for site <br />improvements and for improvement projects to be financed by future bond sales <br />supported by property taxes in the form of tax increments. <br />Sealcoatinq Revolving Fund <br />This fund is used to account for sealcoating improvement projects financed by special <br />assessments. <br />Improvement Revolving Fund <br />This fund is used to account for improvement projects to be financed by future bond sales <br />supported by special assessments. <br />MississiRpi Drainage District Fund <br />This fund is used to account for storm sewer drainage projects within the special <br />District established in accordance with Minnesota Statutes Section 444.20. <br />Park Improvement Revolving Fund <br />This fund is used to account for the acquisition and improvement of park land within the <br />City. <br />Rum River Drainage District Fund <br />This fund is used to account for storm sewer drainage projects within the special <br />District established in accordance with Minnesota Statutes Section 444.20. <br />