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HomeMy WebLinkAboutNC Comprehensive Report (Finance) (111)INTERNAL SERVICE FUNDS Facilities Maintenance Fund This fund is used to account for the costs of maintaining all City -owned buildings in a clean, safe, workable, and pleasant condition. Liability Insurance Fund This fund is used to account for the costs of maintaining the City's workers' compensation and liability insurance programs. General Services Fund This fund is used to account for the costs of maintaining the City's centralized procurement system providing supplies, equipment, and certain services for all City departments. Information Systems Maintenance Fund This fund is used to account for the costs of maintaining the City's computer -related information systems. Office Equipment Depreciation Fund This fund is used to account for the costs to replace City office equipment. Telecommunications Revolving Fund This fund is used to account for the costs of maintaining the City's telecommunications system. General Accounting Services Fund This fund is used to account for the costs of general accounting services. Motor Vehicle Services Fund This fund is used to account fort the City's costs of preventative maintenance and repairs for all City vehicles including police, fire, general administrative, park, sewer and public works equipment. Equipment Replacement Reserve Fund This fund is used to account for the costs to replace City general equipment. Unemployment Insurance Reserve Fund This fund is used to account for a reserve for unemployment insurance. 101