City Budget

Information related to transfer of resources from an Enterprise Fund to the General Fund   –  Updated June 21, 2022

WATER FUND
Purpose of Transfer:
The Water Fund charges the General Fund $25,000 for the water used on the parks
The Water Fund then returns the charge to the General Fund through a transfer of the same amount.

Enterprise Fund Accounting Data:
Cost accounting breakdown:
Administrative & Overhead costs allocated

Wages$35,000
Benefits$17,000
Accounting and Auditing services$13,000
Telephone$1,000
Building lease$6,000

Other none associated costs:

Transfer to General Fund$25,000

Specific Enterprise Fund Information:

Transfer to General Fund$25,000
Percentage of total Enterprise Fund Expenditures6.70%