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Agenda Packet 12-10-18 Meeting - REVISED
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Agenda Packet 12-10-18 Meeting - REVISED
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12/10/2018
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E <br />n <br />t <br />e <br />r <br />p <br />r <br />i <br />s <br />e <br /> <br />F <br />u <br />n <br />d <br />s <br /> <br />ENTERPRISE FUNDS <br />All of the City’s enterprise funds meet the criteria for major fund reporting and are reported in Exhibits 6, 7, and 8 of <br />the basic financial statements. <br />Schedules of revenues, expenses, and changes in fund net position - budget and actual are presented here for each <br />individual enterprise fund. <br />Major Enterprise Funds: <br />Ambulance Transport Fund - To account for the operations of emergency medical services provided to the <br />public. Revenues are provided by user charges. <br />Municipal Airport Fund - To account for the operations of the municipal airport. Principal sources of revenues <br />are rental of terminal space to airlines and other service providers, landing fees, and parking fees. The fund <br />receives Airport Improvement Program monies from the Federal Aviation Administration for capital <br />improvements. The fund also imposes passenger facility charges on passengers utilizing the airport, the <br />proceeds of which are restricted for use in financing eligible projects, as determined by regulation. <br />Parking Services Fund - To account for operations of City-owned parking facilities. Revenue sources include <br />parking fees and fines, meter receipts, and rentals. The revenue is used to operate and maintain the parking <br />facilities. <br />Stormwater Utility Fund - To account for the operation, construction, and maintenance of the stormwater <br />drainage system and the wetland resource protection and enhancement program. Primary revenues are <br />stormwater user fees and the sale of wetland mitigation credits. <br />Wastewater Utility Fund - To account for the operation, construction, and maintenance of the wastewater <br />collection and treatment system. Primary revenues are wastewater user fees. <br />December 10, 2018, Meeting - Item 2D
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