HomeMy WebLinkAboutNC Comprehensive Report (Finance) (119)FIDUCIARY FUNDS
Private Purpose Trust Funds:
Library Trust Fund
This fund is used to account for amounts collected by the City for the Library
Successor Agency Funds
Housing Fund
This fund is used to account for activities of housing assistance programs of the former
Community Development Commission.
Housing Projects Fund
This fund is used to account for housing projects of the former Community Development
Comission.
Capital Projects Fund
This fund is used to account for the administrative expenditures of the former
Community Development Commission and redevelopment capital projects.
Redevelopment Obligations Retirement Fund (RORF)
This fund is used to account for the property tax receipts and payment of enforceable
obligations for the former Community Development Commission.
Agency Funds:
Cobra Insurance Fund
This fund is used to account for amounts collected by the City from retirees to pay their health
insurance premiums.
Miscellaneous Deposits Fund
This fund is used to account for miscellaneous deposits collected by the City.
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