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

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INTERNAL SERVICE FUNDS Combining statements for all internal service funds are reported here. The combined totals are reported alongside the individual enterprise funds in Exhibits 6, 7, and 8 of the basic ¿ nancial statements. Schedules of revenues, expenses, and changes in fund net assets - budget and actual are also presented here for each individual internal service fund. Nonmajor Internal Service Funds: Facilities Services Fund - To account for facility maintenance services on City buildings. Facility maintenance rates and rental rates are charged on the basis of square footage and are set to recover the full cost of services provided. Fleet Services Fund - To account for the purchase of vehicles and equipment and the maintenance thereon. Fleet user charges cover vehicle and equipment maintenance expenses as well as the replacement of vehicles and equipment sold or removed from use. Information Systems and Services Fund - To account for data processing and reproduction, equipment acquisi- tion and maintenance, postage, telephone, minutes recording, and printing/graphic services provided to other City funds. User charges cover the cost of operations and supplies. Professional Services Fund - To account for engineering services performed by public works personnel for other City funds. Revenues are provided by charges for these services. Risk and Bene¿ ts Fund - To account for costs of the City’s self-insurance program. The City is self-insured for workers’ compensation, unemployment compensation, general liability, and employee medical and dental insurance. An actuarial valuation is the basis for recording the claims liability. User charges are based on actual experience or an estimate, depending on the nature of the insurance. This fund also accounts for the accumulation of resources for and payment of the City's pension bonds and other post employment bene¿ ts.