Page 43 - NRH FY20 Approved Budget

BUDGET OVERVIEW

Special Investigations Fund
Accounts for the accumulation and use of resources from the forfeiture of contraband and
certain other specialized police activities. Revenues for this fund are derived from federal and
state forfeited funds and the automated fingerprint identification system (AFIS) program.
Forfeited funds revenues are dependent on which cases go to court and whether or not a judge
releases any funds to the city. These revenues fluctuate year to year depending on actual cases
involving court awards, making it difficult to predict the amount of funds that will be available for
the following fiscal year.

Drainage Utility Fund
Accounts for the monthly fees charged to residents and businesses to pay for the cost of storm
drainage improvements throughout the city. Revenues are transferred to the Debt Service
Fund to pay for principal and interest on bonds for drainage improvements.

Gas Development Fund
Accounts for the accumulation and expenditures of resources from gas drilling and exploration
on city-owned property.

Traffic Safety Fund
Accounts for resources that will assist in various traffic safety initiatives. Revenue is received
primarily through the city’s red light camera program.

Enterprise Funds
Enterprise Funds account for services that are funded directly through user fees. They are
financed and operated similar to a private business in that the costs of providing goods and
services are self-supporting. These funds include the Utility Fund, Golf Course Fund and Aquatic
Park Fund.

Utility Fund
Accounts for the distribution of water, transportation of wastewater and solid waste removal
services provided to the residents of the city. All activities necessary to provide such services
are accounted for in the fund, including, but not limited to, administration, operations,
maintenance, financing and debt service, billing and collections.

Aquatic Park Fund
Accounts for the operation of NRH2O, the city’s public waterpark. Activities necessary to operate
the park are accounted for in the fund, including, but not limited to, administration, park
operations, park maintenance, financing and debt service.

Golf Course Fund
Accounts for the operations of Iron Horse Golf Course, the city’s public golf course. All activities
necessary to operate the course are accounted for in the fund, including, but not limited to,
administration, operations, course maintenance, and financing and debt service.

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