Page 141 - CityofHaltomFY23Budget
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PROPRIETRY FUNDS
There are two types of proprietary funds – enterprise funds and internal service
funds. Enterprise funds are used for services provided to the public on a user charge
basis, similar to the operation of a commercial enterprise. Internal service funds
are used for operations serving other funds or departments within a government
on a cost-reimbursement basis. The City has two non-capital enterprise funds and
no internal service fund. The two enterprise funds are:
» Water & Sewer Fund
» Drainage Fund
