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DARE Fund ($33,071 ) The DARE Fund is designated to provide funding for the education of youth and citizens of the community about the use of illegal substances and drugs. Revenues are derived from donations from private citizens, businesses and the I.S.D. ##282 DARE Levy. The fund supports one-half of a police officer"s annual wages. Crime Prevention Fund ($1,199) 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 Equipment Fund ($65,754) The Capital Equipment Fund is used for major capital equipment purchases (refer to the 5- Year Capital Equipment Plan, pages 120-124). Funding is derived from the $75,000 General Fund levy transfer, Lauderdale/Falcon Heights contract revenues and the trade and sale of existing equipment. Road Improvement Bond Fund ($625,224) 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 $3,660,000. Year 2000 principal and interest payments total $318,800. 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. Road Improvement Projects Fund ($86,704) The Road Improvement Projects Fund is a fund specifically used for the reconstruction of St. Anthony's streets and roads. Road improvement bond proceeds are the primary funding source for this fund. Payments to contractors, engineers, consultants and all costs associated with the restoration of a specific street project are made from this fund. Revolving Fund ($1,118,230) 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) $ 50,931 Back-up Generator for Y2K Emergencies 2) $ 2,059 Park Improvements 3) $157,683 Purchase of new Fire Truck ($225,000) 4) $ 8,277 P/W Underground Storage Tank Removal 5) $100,000 Budget/LGA K HACA Reserves . 6) $ 61,487 Public Works Maintenance Building 7) $100,143 Capital Equipment Contract Reserves