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� .. <br />The Generai Fund was established to account for the revenue and expenditures to carry out basic <br />governmentai activities of the City such as generai government, public safery and pubiic works. <br />Revenue is recorded by source; such as property taxes, licenses and permits, fines and forfeits, <br />charges for service and state-shared taxes. General Fund expenditures are made prunarily for <br />current day-to-day operations and are recorded by functional classifications and by operating <br />deparrments. This fund accounts for ali financiai transactions not properly accounted for in <br />another fund. <br />