Laserfiche WebLink
1/2/2025 <br />4 <br />Unrestricted vs. Restricted Funds <br />“Restricted funds cannot be used for General Fund operations” <br />7 <br />General Fund – The City’s primary unrestricted operating fund <br />Special Revenue Funds – A fund used to collect money that must be used for specific purposes <br />(restricted) <br />Capital Projects Funds – A fund that accounts for capital improvements (restricted and unrestricted if <br />funded by the General Fund) <br />Enterprise Funds – A self-supporting fund that sells goods and services for a fee/service charge <br />(restricted) <br />Internal Service Funds – A fund used to track goods and services provided between departments and <br />funds (designated for specific purposes) <br />Operating Budget vs. Capital Budget <br />Capital BudgetOperating Budget <br />•Focuses on essential city services <br />•Includes personnel costs, facility <br />operating costs, and other <br />operating expenses <br />•Focuses on the development of city <br />infrastructure <br />•Investments are critical in building and <br />maintaining infrastructure to support a <br />livable, vibrant community <br />8 <br />7 <br />8 <br />Page 88 of 109