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Revenues generally consist of allocations from the Infrastructure Replacement Fund. Other revenues <br />include; investment income, and other miscellaneous revenues sources.Expenditures recorded include <br />certain capital expenditures for street improvements in accordance with the City's Paving Management <br />Program. <br />It is expected that this fund is to be self-supporting from the related revenue sources. <br />Fund Type: Permanent Funds <br />Permanent Funds are funds which have been legally established as funds from which only the investment <br />income may be used for which the Fund was established. <br />Infrastructure Replacement Fund <br />Theaccounts for endowment funds set aside for the long-term <br />replacement and maintenance of the City streets. This fund has been designated as a major fund for <br />reporting purposes <br />Revenues generally consist of investment income.Expenditures are limited to approximately two-thirds <br />of the annual investment income to be allocated to the Special Assessment Construction Fund <br />It is expected that this fund is to be self-supporting from the related revenue sources. <br />Fund Type: Internal Service Funds <br />Internal Service Funds are funds which account for specific service operations of the City which are <br />provided to other departments and divisions of the City. <br />Worker's Compensation Fund <br />Theaccounts for revenues and expenditures related to servicing the City's <br />Worker Compensation needs. <br />Revenues primarily consist of fees collected from user departments and property tax levies, when needed. <br />Other revenues include; investment income, and other miscellaneous revenues sources.Expenditures <br />recorded include medical payments and compensation payments to workers who qualify for worker's <br />compensation benefits. <br />Risk Management Fund <br />Theaccounts for revenues and expenditures related to servicing the City's <br />general insurance and risk management needs. <br />Revenues primarily consist of fees collected from user departments and property tax levies, when needed. <br />Other revenues include investment income, and other miscellaneous revenues sources.Expenditures <br />recorded include payments for liabilities within the City's deductible limit and payments to the City's <br />insurance carrier, League of Minnesota Insurance Trust. <br />Fund Type: Proprietary Funds <br />Enterprise Funds are funds which account for specific operations of the City in a manner similar to the <br />private sector. All Enterprise Funds have been designated major funds for reporting purposes. <br />Sewer Fund <br />Theaccounts for revenues and expenditures related to City's sewer distribution system <br />operations. <br />107 <br /> <br />