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C�i34�S�:�i I ��ZIIf\ :�1Til3di <br />r,4 <br />%jovernment resources are allocated to and accounted for in 'individual funds based upon the purposes <br />Lor which they are to be spent and the means by which spending activities are controlled. The various <br />i6ands are grouped in the Comprehensive Annual Financial Report (CA FR) 'Into three broad fun4_ <br />,C-ategories and six generic fund types as follows: <br />Governmental Funds Subject to Financial Planning and Appropriation <br />General Fund - the General fund is the pri'mary operating fimd of the City. It is used to account for all <br />11-1 <br />unancial resources except those required to be accounted for *in another fund. <br />Special Revenue Funds - Special revenue funds are used to account for the proceeds of certam' specifi* <br />revenue sources that are legally restricted to expenditures for speced purposes. <br />Governmental Funds Subject to Financial Planning, but not Subject to Appropriation <br />Croebt Service Funds - Debt service funds are used to account for the accumulation of resources for, and <br />the payment of general long-terin debt principal, interest, and related costs. <br />Capital Projects Funds - Capital projects funds are used to account for financial resources to be used for <br />the acquisition or construction of major capital facilities other than those financed by proprietary funds. <br />Internal Service funds - Internal Service Funds are used to account for the financing of goods or services <br />p 'ded by one department or agency to other dcpartments or agencies of the City. The City has two <br />rovi <br />Internal Service Funds, they are: Workers' Compensation Self-Insurance Fund which accounts for th% <br />City's Workers' compensation claims, and the Risk Management Fund which accounts for all of th(i <br />City's general insurance costs. <br />Those revenues susceptible to accrual are property taxes, special assessments, licenses, interest revenue <br />and charges for services. State aids held by the state at year-end on behalf of the government also are <br />recognized as revenue. Fines and permits are not susceptible to accrual because generally they are not <br />rtreasur <br />11PVh_ <br />