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6.1. SR 06-06-2016
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6.1. SR 06-06-2016
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City Government
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SR
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6/6/2016
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NONMAJOR SPECIAL REVENUE FUNDS <br />Library - This fund accounts for any library maintenance costs which are not paid by the Great River Regional Library System. <br />Ice Arena - This fund accounts for the operation and maintenance of the ice arena which is funded by user fees. <br />Landfill - This fund was established to segregate solid waste surcharge revenues to be used for landfill abatement and other <br />environmental issues. <br />Revolving Loan - This fund was established to account for the City's portion of state economic development grant repayments which <br />are used to fund other economic development projects. <br />Federal DEED - This fund was established to account for the federal share of Department of Employment and Economic Development <br />grant repayments which are used to fund economic development projects. <br />State DEED — This fund was established to account for the state share of Department of Employment and Economic Development <br />grant repayments which are used to fund economic development projects. <br />Development Fund - This fund was established to attract businesses to develop within the City's business park. <br />Insurance Reserve - This fund was opened to account for insurance deductibles and litigation costs not covered by insurance. The <br />major source of revenue is from insurance premium refunds. <br />Drug Forfeiture Reserve - This fund was established to account for revenues received as a result of drug related crimes. These funds <br />must be used for drug education and prevention. <br />YMCA Grant - This fund was established to account for grant revenues received from the County for the YMCA building. <br />Economic Development Authority - This fund was established to account for a special tax levy authorized to help encourage <br />development in the City. <br />-99- <br />
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