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<br /> <br />Theseactivitiesarefinancedthroughgeneraltaxdollarsfrompropertytaxesandbyrevenues <br />generatedfrompermits,feesandinvestmentearnings. <br /> <br />SpecialRevenueFunds <br />Specialrevenuefundsaccountforactivitiesfundedbyspecialpurposerevenue,thatis, <br />revenuesthatarelegallyrestrictedtoexpendituresforaspecificpurpose.TheCitymaintains <br />sixactivespecialrevenuefundswhichinclude:KarthLakeTaxingDistrict,CableFund,EDA <br />GeneralFund,EDATIFDistrict#3CottageVillas,EDATIFDistrict#4PresbyterianHomes,and <br />EDATIFDistrict#5TCAAP. <br /> <br />CapitalProjectFunds <br />ThesefundsincludetheEquipmentandBuildingReplacementFund,PublicSafetyCapitalFund, <br />ParksFund,TCAAPCapital,andthePermanentImprovementRevolvingFund(PIR).Theyare <br />usedtoaccountforfinancialresourcestobeusedfortheacquisitionofequipmentor <br />constructionofmajorcapitalfacilities(otherthanthosefinancedbyproprietaryfundssuchas <br />theWaterandSewerfunds),i.e.,thedevelopmentofanewneighborhoodpark,orafire <br />station. <br /> <br />Proprietary(Enterprise)Funds <br />ThesefundsaccountforCityactivitiesthatoperateaspublicenterprises.Revenuescomefrom <br />feeschargedtoprograms,customers,orotherdepartmentusers.Enterprisefundsthat <br />provideforsewerandwaterservicesareproprietaryfunds.TheCitycurrentlyhasfour <br />enterprisefunds(water,sanitarysewer,recycling,andsurfacewatermanagement)that <br />representseparatebusinessactivitiesfortheCity. <br /> <br />x Water–TheCityprovideswaterservicetoitscitizensandcommercialentities. <br />x SanitarySewer–TheCity’ssewersprotectpublichealthandpreservewastewater <br />solids.TheCityisconnectedtotheMetropolitanCouncil’ssewersystem. <br />x Recycling–TheCityprovidesrecyclingservicestoitscitizenstoprotectpublichealth <br />andtheenvironment. <br />x SurfaceWaterManagement–TheCity’ssurfacewatermanagementsystemcollects <br />stormwaterrunoff,protectstheenvironment,andmanagesthedischargeofwaterto <br />holdingpondsandthewatershed. <br /> <br />Proprietary(InternalService)Funds <br />ThesefundsaccountforCityactivitiesthatoperateaspublicenterprisesandprovideservices <br />internallytootherdepartments.Revenuescomefromfeeschargedtoprograms,customers,or <br />otherdepartmentusers.InternalServicefundsthatprovideforengineeringandITservicesare <br />internalfunds.TheCitycurrentlyhasfourinternalservicefunds(RiskManagement, <br />Engineering,CentralGarage&Equipment,andTechnology)thatrepresentactivitiesforthe <br />City. <br />x RiskManagement–ThisfundprovidesinsurancetoalldepartmentswithintheCity. <br />4