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06-03-2024 Council Work Session Packet
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06-03-2024 Council Work Session Packet
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6/5/2024 3:12:24 PM
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6/5/2024 3:04:05 PM
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City Council
Council Document Type
Council Packet
Meeting Date
06/03/2024
Council Meeting Type
Work Session Regular
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<br /> <br /> <br /> <br />SPECIAL REVENUE FUNDS <br />Special Revenue Funds are used to account for the proceeds of specific revenue sources that are <br />legally restricted to expenditures for particular purposes. The City maintained the following <br />nonmajor Special Revenue Funds during the year. <br />Economic Development Authority – established to account for the receipt and uses of <br />funds for economic development purposes. <br />Cable TV and Communications – established to account for activities relating to Cable <br />TV and Communications. <br />Blue Heron Days – established to account for the activities associated with the Blue <br />Heron Days festival. <br />Federal Forfeitures - Justice – established to account for activities associated with the <br />receipt and use of equitable sharing paid from the U.S. Department of Justice Asset <br />Forfeiture Fund. <br />State Narcotics Forfeitures – established to account for activities associated with the <br />receipt and use of state narcotics forfeitures. <br />DUI Forfeitures – established to account for activities associated with the receipt and use <br />of DUI forfeitures. <br />Other Forfeitures – established to account for activities associated with the receipt and <br />use of other forfeitures. <br />Federal Forfeitures - Treasury – established to account for activities associated with the <br />receipt and use of equitable sharing paid from the U.S. Department of Treasury Forfeiture <br />Fund. <br />K-9 Unit – established to account for donations received by the City which are restricted <br />for K-9 Unit purposes. <br />Public Safety Aid – established to account for aid received from the State of Minnesota <br />for public safety purposes. <br /> <br />107 <br />114
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