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Truth in Taxation <br />The Truth in Taxation meeting covers those City and Economic <br />Development Authority (EDA) funds that get a portion of the City-wide <br />tax levy. Those funds are as follows: <br />General ($5,310,177) <br />Police officer referendums ($385,000)(Part of General Fund) <br />Fire Bonds ($127,164)(Part of General Fund) <br />GO Capital Improvement Plan Bonds ($413,983)(Public Works Facility) <br />Street Improvement Capital Projects ($150,000) <br />EDA ($100,000) <br />The General Fund is the City’s operating fund and accounts for most city- <br />wide activities, the GO CIP Plan Bond Debt Service Fund accounts for <br />debt service for the PW facility. The Street Improvement Capital <br />Projects Fund accounts for construction and major maintenance of City <br />streets, parking lots, and trails. The EDA fund is the economic <br />development fund of the City.