Page 126 - CityofHaltomFY24Budget

CAPITAL PROJECTS FUNDS

Capital Projects Funds are used to account for the financing and construction

of major capital facilities or the acquisition of major equipment. Financing is

provided primarily through the issuance of tax notes, general obligation bonds or

certificates of obligation bonds and 3/8 cents of sales tax, and transfers from

other funds. The City’s Capital Project Funds are currently set up to monitor

street reconstruction, storm drainage improvements, water distribution utilities,

sewer main collection projects, capital equipment acquisition and other projects

and acquisitions

• ENGINEERING DEPARTMENT

• CAPITAL PROJECTS FUNDS DESCRIPTION

• MAJOR CAPITAL PROJECTS

• FUND SUMMARIES:

» Street Reconstruction Fund

» Capital Improvement Fund

» Capital Replacement Fund

» Street Assessment Fund

» Water & Sewer Capital Projects Fund

» Water & Sewer Impact Fees Fund

» Drainage Capital Projects Fund