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1 <br />NONMAJOR SPECIAL REVENUE FUNDS <br />' Ice Arena -This fund accounts for the operation and maintenance of the ice arena which is funded by user fees. <br />Pinewood Golf Course -This fund was established to account for the operation and maintenance of the newly <br />' acquired nine-hole golf course which is funded by user fees. <br />Senior Citizen Special Account -This fund is used to account for Senior Citizen program costs funded by revenues <br />' generated from Senior Citizen activities. <br />Park Dedication -This fund accounts for park dedication fees from developers and expenditures f'or park land <br />acquisitions and park capital improvements. <br />Landfill -This fund was established to segregate solid waste surcharge revenues to be used far landfill abatement <br />and other environmental issues. <br />' Landfill Construction Debris -This fund was established to account for the tax collected on construction debris <br />deposited in the landfill and is to be used for related environmental issues. <br />' Revolving Loan -This fund was established to account for the City's portion of state economic development grant <br />repayments which are used to fund other economic development projects. <br />DTED Grant/Loan -This fund was established to account for the Department of Trade 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 />Capita] Outlay Reserve -This fund was established to help build reserves for the purchase of capital equipment. The <br />major source of revenue is from landfill host fees and defeased bond issues. <br />Emereenc~~ilnsurance Reserve -This fund was opened to account for insurance deductibles and litigation costs not <br />covered by insurance. The major source of revenue is from insurance premium refunds. <br />' Government Buildings Reserve -This fund was established to account for the revenues and expenditures of <br />preliminary studies of the construction of a new City I-Ia(l. <br />' Drug Forfeiture Reserve -This fund was established to account for revenues received as a result of drug related <br />crimes. These funds must be used for drug education and prevention. <br />' Severance Pay Reserve -This fund was established to account for resources earmarked for severance pay <br />expenditures. <br />' NSP/RDF Reserve -This fund was established to account for revenues received from the license agreement between <br />the City and Northern States Power. <br />' Economic Development Authority -This fund was established to account for a special Yax levy authorized to help <br />encourage development in the City. <br />EDA DTED Loan -This fund was established to account for the Depamnent of Trade and Economic Development <br />' grant repayments of the Economic Development Authority (EDA) which are used to fund economic development <br />projects. <br />u <br /> <br />