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Vow <br />WNW <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 />Special Revenue Funds during the year. <br />Economic Development Authority - established to account for the receipt and uses of <br />funds for economic purposes. <br />Community Development Block Grant - to account for the financial activity related to <br />projects funded by CDBG programs. <br />Program Recreation - established to account for various self - supporting recreational <br />programs. <br />