ACFR - FY2020 5-28-21 FINAL - Flipbook - Page 123
OTHER SUPPLEMENTAL INFORMATION
NONMAJOR GOVERNMENTAL FUNDS
Special Revenue Funds
Special revenue Funds are used to account for specific revenues that are legally
restricted to expenditure for particular purposes.
Law Enforcement Trust Fund
This fund is used to account for funds received as a result of drug forfeitures, which
are restricted to drug enforcement training, programs for police officers.
Law Enforcement Education Fund
This Fund is used to account for fines whose use is restricted to police educations
training programs.
Community Development Fund
This fund is used to account for ongoing activities related to rehabilitation projects
financed by previous Community Development Block Grants.
Library Contribution Fund
This fund is used to account for funds which are either raised or donated to the
Eustis Memorial Public Library.
Impact Fee Fund
This fund is used to accumulate revenues derived from newly constructed facilities.
The fees are used to help defray the cost of capital expenditures necessitated by
growth. Specific impact fees are collected for Law Enforcement, Fire prevention,
Parks & Recreations, and Public Library.
Stormwater Utility Fund
This fund is used to accumulate revenues which fund the programs necessary to
address issues associated with stormwater runoff.
Cemetery Trust Fund
This fund is used to accumulate revenues for Greenwood Cemetery maintenance.
Twenty percent of the funds from the sale go to this fund. Interest earned is used for
operations and the principal may be used for capital purchases.
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