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06-02-25 - Council Work Session Agenda
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06-02-25 - Council Work Session Agenda
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5/28/2025 4:29:18 PM
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5/28/2025 4:07:15 PM
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City Council
Council Document Type
Council Packet
Meeting Date
06/02/2025
Council Meeting Type
Work Session Regular
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SPECIAL REVENUE FUNDS <br />Special Revenue Funds account for the proceeds of specific revenue sources that <br />are legally restricted to expenditures for specified purposes. <br />DEBT SERVICE FUNDS <br />Debt Service Funds account for the accumulation of resources for, and payment of, interest, <br />principal and related costs on general long-term debt. <br />CAPITAL PROJECT FUNDS <br />Capital Project Funds account for financial resources to be used for the acquisition or <br />construction of major capital facilities (other than those financed by Proprietary Funds). <br />PERMANENT FUNDS <br />Permanent Funds account for financial resources that are legally restricted to the extent that only <br />earnings, and not the principal, may be used for purposes that support the City's programs. <br />The City maintains one permanent fund — the Environment and Stewardship Fund. This fund <br />accounts for the use of funds received for environmental maintenance and improvements in the <br />Foxborough area, as well as funds received for the Preserve area. <br />109 <br />
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