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Increment Financing District being formed in 1984. In 1985, the City substantially modified ' its Ta�c Increment Plans to create one development district and several tax increment districts. ' As of December 31, 1998, the City has fifteen active tax increment districts and one expired ' district (District 8). ' The City Councii is responsible for administering the ta�c increment projects. ', ' � .i� :�-i �� The Grass Lake Water Management Organization is a separate nonprofit organization established under a joint powers agreement between the cities of Roseville and Shoreview. In accordance with the terms of the agreement, the City provides accounGng services to the Organization. The Community Development Block Grant Fund accounts for funds held in trust associated with ihe block grants awarded to the City through Ramsey County. The I.ocal Development Corporation Fund accounts for funds held in trust from block grants and other sources for the special housing needs related to low and moderate income people. The Roseville Lutheran Cemetery Fund was established in 1993 to account for the revenue and expenditures associated wit:� the Roseville Lutneran Cemetery. The cemetery came in[o the city's care when the previous owners would no longer take responsibility. The Assist Grant Fund was established in 1996 to account for a grant awazded ta the St. PaullRamsey County Assist Coalition for a special tobacco control project. The City acts as fiscal agent for the project by investing the grant money received and making disbursements as directed by the Coalition. The Roseville Visitors' As_�ociation Fund was established in 1998 to account for revenues and expenses associated with the newly formed Visitors' Association. The City serves in an agency capacity for the Association which was formed to encourage more tourist and visitor traffic to the City. T'he North Suburban Cabte Commission is a joint powers agency for which the City provides investment services for their surplus funds. -r-r. :.� : - • r � � General fixed assets (pubtic domain) consist of roads, bridges, wrbs and gutters, streets and sidewalks, lighGng systems, and equipment necessary to service the general governmental functions of the City. Such assets aze not depreciated. General fixed assets a:e not capitalized in the funds used to acquire or construct them. Instead, capital acquisition and construction are reflected as expenditures in govemmental