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Item 3C: Adoption of Resolution Acknowledging Receipt of the FY10 CAFR
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Item 3C: Adoption of Resolution Acknowledging Receipt of the FY10 CAFR
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1/7/2011 4:51:22 PM
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City Council
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Agenda Item Summary
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1/11/2011
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SPECIAL REVENUE FUNDS <br />Combining statements for all individual nonmajor special revenue funds are reported here. The combined totals are <br />reported in the combining nonmajor governmental fund statements at B-1 and B-2. Fund statements for major special <br />revenue funds are reported in Exhibits 3 and 4 of the basic ¿ nancial statements. <br />Schedules of revenues, expenditures, and changes in fund balance - budget and actual are also presented here for each <br />individual nonmajor special revenue fund. Budget and actual comparisons for major special revenue funds are reported <br />as required supplementary information at A-2. <br />Major Special Revenue Fund: <br />Community Development Fund - To account for grant revenues received from the Federal government. Major <br />expenditures include capital improvements bene¿ ting low income persons and community development loans. <br />Nonmajor Special Revenue Funds: <br />Construction and Rental Housing Fund - To account for construction permit services and rental housing code <br />fees related to all properties within the city limits and the urban growth boundary including compliance with <br />applicable laws and regulations. <br />Library Local Option Levy Fund - To account for revenues received from a four-year library local option levy to <br />enhance services at the main library, operate two branch libraries, and furnish the main library. <br />Library, Parks, and Recreation Fund - To account for contributions from private donors to support the public <br />library and City-owned parks and recreation facilities. <br />Public Safety Answering Point Fund - To account for operations of the emergency dispatch center. Resources <br />are primarily from telephone excise taxes and intergovernmental revenue. <br />Road Fund - To account for the operation and maintenance of the City's street transportation system. Resources <br />are provided from the City's share of State Highway Trust Fund alloations, State OTIA III monies, fees and <br />permits, and other miscellaneous grants. <br />Solid Waste and Recycling Fund - To account for business license revenues which are used to regulate solid <br />waste and recycling haulers and provide community education. <br />Special Assessment Management Fund - To account for operations of the property management and <br />assessment hardship deferral programs. <br />Telecom Registration and Licensing Fund - To account for registration fees and business privilege taxes collected <br />from providers of telecommunication services in Eugene. Resources are used for program administration and <br />telecom projects that bene¿ t the community. <br />Transportation Utility Fund - To account for dedicated revenues and related capital project expenditures incurred <br />in the City's pavement preservation program. Revenues are generated primarily from a ¿ ve-cent local motor <br />vehicle fuel tax and Lane County OTIA III monies. Transferred to the Transportation Capital Projects Fund. <br />Urban Renewal Agency General Fund - To account for administration of the Urban Renewal Agency. <br />Urban Renewal Agency Riverfront Fund - To account for revenues received from an ad valorem tax on property <br />located in the Riverfront Research Park. Resources are used for improving the condition and appearance of <br />the Riverfront Research Park. <br />
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