Page 127 - CityofHaltomFY24Budget
P. 127

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
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