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Res_11595
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Res_11595
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5/7/2019 3:42:42 PM
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5/7/2019 3:42:41 PM
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Roseville City Council
Document Type
Council Resolutions
Meeting Date
5/6/2019
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Enterprise Fund — A separate accounting and financial reporting mechanism for municipal <br /> services for which is 100% fee supported. Examples are Water, Sewer, and Golf Course. <br /> General Governmental Fund — A separate accounting and financial reporting mechanism for <br /> spending in which a property tax is generally levied. Examples are police, fire, streets, parks <br /> and recreation. <br /> Enterprise Fund System Asset—Assets which support enterprise services such as water, sewer, <br /> and golf course. <br /> Park System Asset — All assets within city parks excluding buildings. Examples would be <br /> trails, equipment, and courts. <br /> Implementation <br /> The City shall use replacement funds to assist in the replacement of equipment, vehicles, and <br /> capital building maintenance. New equipment or buildings are to be funded from new dollars, <br /> unless they are designated to replace currently owned assets. Funds may be used up to the amount <br /> of the replacement funds set aside for that particular asset. Any additional funding shall be from <br /> new sources. <br />
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