Page 77 - HaltomCityFY26Budget

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, 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.

• FUND SUMMARY AND DETAILS:

» 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