Page 143 - HaltomCityFY25Budget
P. 143
PROPRIETARY 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 operation with three supporting
capital enterprise funds and no internal service fund. The
two operation enterprise funds are:
» Water & Sewer Fund
» Drainage Fund
