HomeMy WebLinkAboutNC Comprehensive Report (Finance) (82)NON -MAJOR GOVERNMENTAL FUNDS
SPECIAL REVENUE FUNDS:
General Capital Outlay Fund
This fund is used to account for funds set aside from the proceeds of sale of and rental from
surplus real property for the City's five-year capital improvement program.
Library Fund
This fund is used to account for the operation of the National City Library.
Parks Maintenance Fund
This fund is used to account for operating and maintaining the City's parks.
Library Capital Outlay Fund
This fund is used to account for revenues from real property transfer taxes set aside to finance
capital outlay and capital improvement expenditures of the National City Library.
Gas Tax Fund
This fund is used to account for the City's share of state gas tax revenue restricted for street
improvement and maintenance.
Parks and Recreation Capital Outlay Fund
This fund is used to account for revenues from dwelling fees set aside for capital improvement
expenditures of the Parks and Recreation Department.
Community Development Block Grant Fund
This fund is used to account for federal funds received from the U.S. Department of Housing and
Urban Development — Community Development Block Program.
HUD Program Income Fund
This fund is used to provide for the funding of CDBG program activities as approved by the City
Council utilizing HUD program income.
Home Program Fund
This fund is used to account for federal funds received from the U.S. Department of Housing and
Urban Development Home Program.
Asset Forfeiture Fund
This fund is used to account for the receipt and expenditure of funds provided by the federal
government's asset seizure fund to be used exclusively for law enforcement purposes.
Nutrition Fund
This fund is used for operations of the Nutrition grant.
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