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Reso 2019-001 PFA
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Reso 2019-001 PFA
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6/4/2019 3:47:17 PM
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6/4/2019 3:42:54 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
6/3/2019
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PERM
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87 <br /> ENTERPRISE/INTERNAL SERVICE FUNDS SECTION 7 <br /> INTRODUCTION <br /> This section includes two types of funds: Enterprise Funds and Internal Service Funds. <br /> The City's Enterprise Funds include the: <br /> • Water Pollution Control Plant Fund <br /> • Environmental Services Fund <br /> • Shoreline Fund <br /> • Storm Water Utility Fund <br /> Each is financed and operated in a manner similar to a private business enterprise. The <br /> intent is that the costs of providing goods or services to the public on a continuing basis <br /> are to be financed or recovered primarily through user charges. The rate schedules for <br /> these services are established to ensure that revenues are adequate to meet all <br /> necessary expenditures. The following pages list the description and activities for each <br /> fund. <br /> Internal Service Funds are used to finance and account for special activities and services <br /> performed by a designated department for other departments in the City on a cost <br /> reimbursement basis. The City's four Internal Service Funds are described on the <br /> following pages and include the following: <br /> • Building Maintenance Fund <br /> • Information Technology Fund <br /> • Self Insurance Fund <br /> • Equipment Maintenance Fund <br /> For both the Enterprise Funds and the Internal Service Funds this section includes charts <br /> depicting revenues and expenditures for the new fiscal year, six-year forecast schedules <br /> and fund overviews, and expenditures and staffing authorized to provide these services. <br /> AN, . <br /> 0 <br /> PC') <br />
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