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a The State Grant Recreation Fund accounts for monies to be used for the acquisition of land and the development of parks. Special Assessment Fund ''� The Special Assessment Fund is used to finance and account for the construction and financing of certain public improvements such as street improvements, ' sidewalk improvements, storm sewers, and water and sewer lines which may be paid . wholly or in part from the special assessments levied against benefited property. The fact that the special improvements are paid for completely or in part by ,, property owners in a limited geographical area who specifically benefit '��,, distinguishes them from improvements which benefit the entire community, and '' which were paid for out of general revenue or through the issuance of general obligation bonds. T_he fund balance deficit of $4,214,895 exist because of the application of generally accepted accounting principles to the financial reporting of deferred special assessment revenues of $3,131,635 and deferred tax levies of $11,846,100 for this fund. (See Note 3 to the financial statements). Enterprise Funds Enterprise Funds account for the financing of services to the generai public in which all or most of the costs involved are paid in the form of charges by the user of such service. Except for ownership, these funds closely resemble a privately-owned business. The Liquor Fund accounts for the operation of the off-sale liquor store. Below is a summary of the off-sale liquor operation; Sales Cost of sales Gross profit 'Total operating expense Operating income Nonoperating revenue Income before operating transfers Operating transfers to other City funds Net income (loss) � 1983 $585,547 443,718 $141,829 5110,119 $ 31,710 20,189 $ S1,S99 - 0- 51 899 1982 $626,771 478,509 $148,262 $103,970 $ 44,292 18,930 $ 63,222 21 3ll) $ 41,905