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05-28-13 Council Packet
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05-28-13 Council Packet
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2/28/2014 3:41:24 PM
Creation date
5/24/2013 1:12:08 PM
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City Council
Council Document Type
Council Packet
Meeting Date
05/28/2013
Council Meeting Type
Regular
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<br /> <br />Nonmajor Governmental Funds (Continued) <br /> <br />Capital Project Funds (Continued) <br /> <br />Dedicated Parks - to account for the receipts and use of monies collected from dedicated parks fees. <br /> <br />I35E Interschange Fund - to account for activity related to th e I35E/CSAH 14 Interchange Reconstruction <br />Project. <br /> <br />Office Equipment Revolving Fund - to account for the receipt and use of funds for office equipment <br />purchases. <br /> <br />Legacy Woods Edge Improvement Fund - the Legacy Woods Edge Improvement fund accounts for <br />construction costs related to infrastructure improve ments in the Legacy Woods Edge development. <br /> <br />Permanent Funds <br />Permanent Funds are used to report resources that are lega lly restricted to the extent that only earnings, and not <br />principal, may be used for purposes that support the City’s programs. The City maintained the following <br />nonmajor Permanent Fund during the year. <br /> <br />Foxborough Environment Fund - established to account for the use of funds received for environmental <br />maintenance and improvements in the Foxborough area. <br />
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