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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, TIF <br />2 and TIF 5 as they have the most significant activity. TIF 2 will be decertified after 2015. The <br />Council will need to consider additional funding for the EDA fund after 2015. The EDA fund will <br />be limited to 5% of the increment in TIF 5 (approx. $65,000) going forward and a $10,000 <br />transfer from the General Fund. This will be insufficient after 2015 so staff is looking for <br />direction on the EDA fund. <br /> <br />Staff would recommend that Council review the funds and make any recommendations that they <br />may have. <br /> <br /> <br />Respectfully Submitted, <br /> <br /> <br /> <br />Mark Beer, Finance Director <br />2