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97 • Crime Prevention Fund ($ 742) The revenues of this Fund are derived from private donations. The funds are used for educating the community about prevention of crime in their neighborhoods. Capital Eaul ment Fund ($194,205) The Capital Equipment Fund is used for major capital equipment purchases (refer to the 5- Year Capital Equipment Plan). Primary funding is derived from the $75,000 General Fund levy transfer; Lauderdale/Falcon Heights contract revenues, General Fund Reserves, Liquor Operations profits and the trade and sale of existing equipment. Park Improvement Fund ($ 67,840) The primary focus of the Park Improvemnent Fund is to provide a park system that offers a variety of recreational opportunities for residents of all ages. The fund is designated for the renovation and refurbishing of the City's park system. Revenues are derived from Liquor Operations profits, donations from private sources, transfers from other funds and parkland user fees. Road Improvement Bond Fund ($804,098) The Road Improvement Bond Fund is a restricted use fund, which is part of the City's on- going road improvement projects plan. Road improvement bonds are issued to pay for the initial project. Special assessments and a road improvement levy fund the re-payment of the debt associated with the sale of these road improvement bonds. • The debt'issued to date totals $3,960;000. Year 2001 principal and interest payments total $364,700. These funds can only be used for the payment and issuance costs of road improvement bonds. They are non-transferable to other funds or projects. Revolving Fund ($257,894) The Revolving Fund is the fund, which serves as general improvement fund. Each year the City Council dedicates the use of this fund to various projects such as park improvements, capital equipment purchases, computer technology, street improvements and contingencies for emergency expenditures. Funding is primarily from the transfers of general fund reserves generated from cost effective budgeting and controls. The fund balance represents several budgeting years and has been dedicated as follows: 1) $ 49,160 Back-up Generator for Y2K Emergencies 2) $ 39,007 Public Works Maintenance Building 3) $100,143 Capital Equipment Contract Reserves 4) $ 29,712 Cable Reserves 5) $ 42,872 Non-Designated Reserves Community Services/New City Hall Fund ($51,737) The Community Services/New City Hall Fund is used to fund the operation and maintenance of the new City Hall built in 1997. Funding is comprised of annual rent charges of $100,000 to I.S.D. #282 for the Community Services portion of the building ® and a rent transfer from the General Fund for the segment of the building used for City Hall.