Transfer from Enterprise Fund to General Fund

Information related to transfer of resources from Enterprise Fund to the General Fund

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   $27,500     51-40-11
Benefits $16,000 51-40-13
Accounting/Auditing Srv $12,800 51-40-31
Telephone $1000.00 51-40-29
Building Lease $6000.00 51-40-48

Specific Enterprise Fund Information:
Transfer to General Fund $25,000
Percentage of total Enterprise Fund Expenditures 12.35%

Total fund expenses 202,400.00
Transfer $25,000
12.35%