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Attachment A <br />Last Updated Î 5/6/2019 <br />Revised - 7/12/2022 <br />MSA Capital Allocation Î Municipal State Aid is money the City receives from the State to <br />help pay for maintenance of MSA-designated streets. MSA streets are collector or arterial <br />streets that interconnect to other cities or major thoroughfares. <br />Enterprise Fund Î A separate accounting and financial reporting mechanism for municipal <br />services for which is 100% are primarily fee supported. Examples are Water, Sewer, and Golf <br />Course. <br />General Governmental Fund Î 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 Î Assets which support enterprise services such as water, sewer, <br />and golf course. <br />Park System Asset Î 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 />Page 4 of 8 <br /> <br />