New Search
CAPITAL PROJECTS FUNDS <br />~) <br />~; <br />Combining statements for all individual nonmajor capital projects funds are reported here. The combined totals are <br />reported in the combining nonmajor governmental fund statements at B-7 and B-2. Fund statements for major capital <br />projects funds are reported in Exhibits 3 and 4 of the basic financial statements. <br />Schedules of revenues, expenditures, and changes in fund balance -budget and actual are also presented here for <br />each individual capital projects fund. <br />Major Capital Projects Funds: <br />General Capital Projects Fund - To account for the financing and construction of capital facilities not financed <br />by proprietary or other capital projects funds. General Fund revenues, Federal and State grants, donations, <br />and bond proceeds provide the financing for the expenditures of this fund. <br />Systems Development Capital Projects Fund - To account for construction of the non-assessable portion of <br />capacity-enhancing capital projects. Financing is provided by a systems development charge levied against <br />developing properties. Expenditures are restricted by state law tocapacity-enhancing projects for the following <br />systems: transportation, sanitary sewers, storm sewers, and parks facilities. <br />Nonmajor Capital Projects Funds: <br />Road Capital Projects Fund - To account for the financing and construction of transportation related projects <br />not financed by proprietary or other capital projects funds. General Fund revenues, Federal and State grants, <br />donations, and bond proceeds provide the financing for the expenditures of this fund. <br />Special Assessment Capital Projects Fund - To account for the interim financing and related costs of construction <br />for public improvements which primarily benefit the property owners against whose properties special assess- <br />ments are levied. Construction-period financing is obtained through issuance of bond anticipation notes, and <br />the debt service thereon is financed through special assessment collections, proceeds of long-term bonded <br />debt, and interest on investments. <br />Urban Renewal Agency Capital Projects Fund - To account for costs of constructing and improving capital <br />facilities in the Downtown District. Financing is provided by transfers from the Urban Renewal Agency Fund <br />and interest on investments. <br />Urban Renewal Ayencv Riverfront Capital Projects Fund - To account for costs of constructing and improving <br />capital facilities in the Riverfront District. Financing is provided by transfers from the Urban Renewal Agency <br />Riverfront Fund and interest on investments. <br />