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Special Revenue Funds <br /> Special revenue funds are used to account for revenue derived from specific taxes or other evinnarked revenue sources. <br /> They are usually required by statute or local ordinance to finance particular functions or activities of government.A <br /> summary of year end fund balances for all special revenue funds follows: <br /> Fund Balances <br /> December 31, Increase <br /> Fund 2017 2016 222LeaseJ_ <br /> Nonmajor <br /> Cable T.V. 46,672 $ _ 34 438 12234 <br /> Capital Projects Funds <br /> The capital projects funds are used to account for the acquisition and construction of major capital facilities other than <br /> those financed by enterprise funds.A summary of year end fund balances for all capital projects funds follows: <br /> Fund Balances <br /> December 31, Increase <br /> Fund 2017 2016 _J2ELease <br /> Major <br /> Park $ (1,142,304) $ (1,132,980) $ (9,324) <br /> Ikon ajar <br /> Pedestrian Trail Ways 12,377 12,288 89 <br /> Capital Equipment Revolving 168,473 109,562 48,911 <br /> 2013 Street Project 203,183 {64,304} 267,487 <br /> Total _L_ara8 <br /> .2711Loa .4 <br /> 75 341 =Lz=207,=163 <br /> The City should continue to annually evaluate the status of each project to determine if the fund should be closed or if <br /> additional funding sources will be needed fordeficits. A deficit indicates a funding shortfall and all will eventually need to <br /> be eliminated either by future charges or by transfers from other funds. <br /> Nople <br /> +Prywess, <br /> C10111gy <br /> BeV0101he <br /> 10 Nunfillovs <br /> 153 <br />