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THE GENERAL FUND <br />The General Fund was established to account ior the revenue <br />and expenditures to carry out basic governmental activities <br />oE the City such as general government, public safety and <br />public works. Revenue is recorded by source; such as <br />property taxes, licenses and permits, fines and forfeits, <br />charges for service and state-shared taxes. General Fund <br />expenditures are made primarily ior current day-to-day <br />operations and are recorded by £unctional classifications and <br />by operating departments. This fund accounts for all <br />financial tcansactions not properly accounted £or in another <br />fund. <br />