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Capital Projects Funds <br />There are a number of capital projects that are anticipated to occur in 2018, the most prominent <br />is mill and overlay of streets in the business park north (Program, Quincy, Woodale). There is a <br />$75,000 transfer budgeted in the General Fund for 2018 to the Special Projects Fund. <br />Special Revenue Funds <br />Most of the special revenue funds are small and the budgets are driven by the specific revenues <br />received. The most note worthy are the Cable, Police Forfeiture, EDA, Community Center, and <br />TIF 5 as they have the most significant activity. The Cable Fund will have a rebuilding of the <br />control room as a major project. The EDA fund will be funded by an EDA levy not exceeding <br />$100,000, a transfer from TIF 5 that is limited to 5% of the increment in TIF 5 (approx. $77,000) <br />and a $50,000 transfer from the General Fund. <br />Staff would recommend that Council review the funds and make any recommendations that they <br />may have. <br />Respectfully Submitted, <br />Mark Beer, Finance actor <br />