Item 3C: Adoption of Resolution Acknowledging Receipt of the FY10 CAFR

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CAPITAL PROJECTS FUNDS Combining statements for all individual nonmajor capital projects funds are reported here. The combined totals are reported in the combining nonmajor governmental fund statements at B-1 and B-2. Fund statements for major capital projects funds are reported in Exhibits 3 and 4 of the basic ¿ nancial statements. Schedules of revenues, expenditures, and changes in fund balance - budget and actual are also presented here for each individual capital projects fund. Major Capital Projects Funds: General Capital Projects Fund - To account for the ¿ nancing and construction of capital facilities not ¿ nanced by proprietary or other capital projects funds. General Fund revenues, Federal and State grants, donations, and bond proceeds provide the ¿ nancing for the expenditures of this fund. Systems Development Capital Projects Fund - To account for construction of the non-assessable portion of capacity-enhancing capital projects. Financing is provided by a systems development charge levied against developing properties. Expenditures are restricted by state law to capacity-enhancing projects for the following systems: transportation, sanitary sewers, storm sewers, and parks facilities. Nonmajor Capital Projects Funds: Road Capital Projects Fund - To account for the ¿ nancing and construction of transportation related projects not¿ nanced by proprietary or other capital projects funds. General Fund revenues, Federal and State grants, donations, and bond proceeds provide the ¿ nancing for the expenditures of this fund. Transferred to Trans- portation Capital Projects Fund. Special Assessment Capital Projects Fund - To account for the interim ¿ nancing and related costs of construc- tion for public improvements which primarily bene¿ t the property owners against whose properties special assessments are levied. Construction-period ¿ nancing is obtained through issuance of bond anticipation notes, and the debt service thereon is ¿ nanced through special assessment collections, proceeds of long-term bonded debt, and interest on investments. Transportation Capital Projects Fund - To account for revenues from dedicated sources and related non- development transportation capital project expenditures. Revenues are generated primarily from a $0.05 per gallon local motor vehicle fuel tax, transportation grants, and the 2008 Street Bond. Urban Renewal Agency Capital Projects Fund - To account for costs of constructing and improving capital fa- cilities in the Downtown District. Financing is provided by transfers from the Urban Renewal Agency Fund and interest on investments. Urban Renewal Agency Riverfront Capital Projects Fund - To account for costs of constructing and improving capital facilities in the Riverfront District. Financing is provided by transfers from the Urban Renewal Agency Riverfront Fund and interest on investments.