Page 524 - NRH FY20 Approved Budget

FUND OVERVIEWS

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, and billing and collections.

Aquatic Park Fund
Accounts for the operation of NRH2O, the City’s public waterpark. All activities necessary to operate the park are accounted
for in the fund, including, but not limited to, administration, park operations, park maintenance, and 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.

Internal Service Funds

Internal Service Funds are used to account for the financing of materials and services provided by one department to other
departments on a cost reimbursement basis. Internal Service Funds are designed to clearly delineate the costs associated
with these services. These funds include the Facilities/Construction Management Fund, Fleet Services Fund, Information
Services Fund and Self Insurance Fund.

Facilities/Construction Management Fund
Accounts for building maintenance and repair services provided to numerous departments located at various sites
throughout the City. Facility/Construction Management Fund operations are financed by charges to user departments.

Fleet Services Fund
Accounts for the maintenance, repair service, and replacement of vehicles and equipment provided to numerous
departments responsible for the operation of city vehicles and equipment. Fleet Services Fund operations are financed by
charges to user departments.

Information Services Fund
Accounts for the acquisition, maintenance, and support of computer and telephone, hardware and software. Information
Services Fund operations are financed by charges to user departments.
Self Insurance Fund
Accounts for the payment of insurance premiums and medical, prescription, dental, property and casualty claims. Self-
Insurance Fund operations are financed by charges to user departments and employee contributions.

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