7.5. SR 06-04-2007 - Laserfiche WebLink

Home Browse Search

NONMAJOR SPECIAL REVENUE FUNDS Library Maintenance - This fund accounts for any library maintenance costs which are not paid by the Great River Regional Library System. Ice Arena - This fund accounts for the operation and maintenance of the ice arena which is funded by user fees. Pinewood Golf Course - This fund was established to account for the operation and maintenance of the newly acquired nine-hole golf course which is funded by user fees. Senior Citizen Special Account - This fund is used to account for Senior Citizen program costs funded by revenues generated from Senior Citizen activities. Landfill - This fund was established to segregate solid waste surcharge revenues to be used for landfill abatement and other environmental issues. Landfill Construction Debris - This fund was established to account for the tax collected on construction debris deposited in the landfill and is to be used for related environmental issues. Revolving Loan - This fund was established to account for the City's portion of state economic development grant repayments which are used to fund other economic development projects. DTED Grant/Loan - This fund was established to account for the Department of Trade and Economic Development grant repayments which are used to fund economic development projects. Development Fund - This fund was established to attract businesses to develop within the City’s business park. Capital Outlay Reserve - This fund was established to help build reserves for the purchase of capital equipment. The major source of revenue is from landfill host fees and defeased bond issues. Emergency/Insurance Reserve - This fund was opened to account for insurance deductibles and litigation costs not covered by insurance. The major source of revenue is from insurance premium refunds. Government Buildings Reserve - This fund was established to account for the revenues and expenditures of preliminary studies of the construction of a new City Hall. Drug Forfeiture Reserve - This fund was established to account for revenues received as a result of drug related crimes. These funds must be used for drug education and prevention. Severance Pay Reserve - This fund was established to account for resources earmarked for severance pay expenditures. NSP/RDF Reserve - This fund was established to account for revenues received from the license agreement between the City and Northern States Power. Economic Development Authority - This fund was established to account for a special tax levy authorized to help encourage development in the City. EDA DTED Loan - This fund was established to account for the Department of Trade and Economic Development grant repayments of the Economic Development Authority (EDA) which are used to fund economic development projects.