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5/27/2021 <br />ccqu`ziting System <br />Ft�td �cCgu�ltjrf'g r ` <br />+ aic Ftmd fs a separaf�sub entity based on the legally <br />tb�i>i�gJli:d's p ending activities.: <br />a 'Eaisic1er each fund Its own dheckbook. <br />,t [t�o:Gategories of funds' <br />v-'D'.0-_r.t <br />_-.: r;;..: ,GavernmentalFunds -Account for -the operatloris' of the C:y '.vie•: <br />.'a:.the ultimate go3E to demonstrate accountability. Primary revenue is <br />property taxes. <br />,''1.,,..�,:.', • ProprietaryFunds.—Attount for activities that are financed and <br />ope ratedslmllarly. to private.buslness enterprises. The pfimary <br />F�' : revenues:are u;er�fee;, whlch:should cover, operat{ons.end.asset <br />rcplacemer�[, '- <br />a 1- System <br />•fJ�' mates' <br />e and.tnfrastructur'ei I proveinerits estimated at 50 years, <br />for lhls type of In(r>asu-ctuie. <br />�3e.r Township depieUaJes these assets over 50 years, Vadnals Heights <br />4010 50 jean a d While Bear tai:e over 4e yea R.. - <br />' a r and Sewer infrastructure cost $350505.O0'. rthe Villas of Gem <br />. f' goes nod fndude.#Ig street, storm v4txem,-ball; or.apen Y xe. <br />• �;t "' Itresr <br />1 <br />